December 18, 2024

Ron Finklestien

Vanguard Intermediate-Term Corporate Bond (VCIT) Dips Below 200-Day Moving Average: Key Market Update

Vanguard Intermediate-Term Corporate Bond ETF Struggles Below 200-Day Average

VCIT shares dip below key technical threshold amidst market fluctuations

In trading on Wednesday, shares of the Vanguard Intermediate-Term Corporate Bond ETF (Symbol: VCIT) slipped below their 200-day moving average, which stands at $81.05. The shares traded as low as $80.67 during the session, reflecting a decline of roughly 0.8% for the day.

Vanguard Intermediate-Term Corporate Bond 200 Day Moving Average Chart

Analyzing the chart above, we see that VCIT has hit a low of $77.80 within the past year, with a peak price of $84.255. The most recent trade was recorded at $80.64, positioning it closer toward the lower end of its 52-week range.


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Click here to find out which 9 other ETFs recently crossed below their 200-day moving average »

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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.


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