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.
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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