VCIT Stock Summary and Trading Ideas (Vanguard Intermediate-Term Corporate Bond ETF | NASDAQ:VCIT)

VCIT Seeks to provide a moderate and sustainable level of current income. Invests primarily in high-quality (investment-grade) corporate bonds. Moderate interest rate risk with a dollar-weighted average maturity of 5 to 10 years

Vanguard Intermediate-Term Corporate Bond ETF trades on the NASDAQ stock market under the symbol VCIT.

As of May 17, 2024, VCIT stock price declined to $79.79 with 2,165,064 million shares trading.

VCIT has a beta of 0.34, meaning it tends to be less sensitive to market movements. VCIT has a correlation of 0.34 to the broad based SPY ETF.

VCIT has a market cap of $44.74 billion. This is considered a Large Cap stock.

In the last 3 years, VCIT stock traded as high as $96.39 and as low as $73.37.

VCIT has underperformed the market in the last year with a price return of +5.1% while the SPY ETF gained +30.5%. VCIT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +1.3% and +1.3%, respectively, while the SPY returned +6.2% and +4.7%, respectively.

VCIT support price is $79.58 and resistance is $80.16 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VCIT stock will trade within this expected range on the day.