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

VCLT Seeks to provide a high and sustainable level of current income. Invests primarily in high-quality (investment-grade) corporate bonds. Maintains a dollar-weighted average maturity of 10 to 25 years.

Vanguard Long-Term Corporate Bond ETF trades on the NASDAQ stock market under the symbol VCLT.

As of May 13, 2024, VCLT stock price climbed to $75.45 with 2,112,641 million shares trading.

VCLT has a beta of 0.62, meaning it tends to be less sensitive to market movements. VCLT has a correlation of 0.33 to the broad based SPY ETF.

VCLT has a market cap of $8.48 billion. This is considered a Mid Cap stock.

In the last 3 years, VCLT stock traded as high as $109.98 and as low as $67.47.

VCLT has underperformed the market in the last year with a price return of +2.0% while the SPY ETF gained +28.2%. VCLT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.2% and +1.4%, respectively, while the SPY returned +5.8% and +2.1%, respectively.

VCLT support price is $74.94 and resistance is $75.92 (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 VCLT stock will trade within this expected range on the day.