VBCE Vanguard Target Maturity 2031 Corporate Bond ETF

ETF

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VBCE — —
Key stats
About

Vanguard Target Maturity 2031 Corporate Bond ETF (VBCE) ETF

No description available.

Exchange
XNAS
Inception
2026-03-24
Has Options
No
Homepage
https://investor.vanguard.com/etf
Fund profile
holdings as of Oct 20, 2026issuer datathrough Jun 2026flows, SEC filings
Expense ratio
0.08%
issuer, Oct 22, 2026
Assets
$39M
SEC filing, Jun 30, 2026
Trailing yield
2.00%
paid monthly
Average daily volume
$1.3M
30 sessions
Holdings
616
top 10 are 7.5%
Listed
Mar 24, 2026
Nasdaq
Net asset value
$72.99
issuer, Oct 21, 2026 · closed +0.10% to NAV
30-day SEC yield
5.63%
issuer, Oct 19, 2026
Closure risk, 12 months
1.8%
low: age · model
FrenzyCap ETF score
60
how it is built
Cost84
Liquidity38
Scale6
Diversification100

Moves with. Long Treasuries (39% of its variance, beta 0.20); US dollar (9% of its variance, beta -0.12); Gold (8% of its variance, beta 0.02); US large-cap stocks (8% of its variance, beta 0.05). These factors explain 73% of its daily moves over the last year.

Stated objective. Vanguard Target Maturity 2031 Corporate Bond ETF (the Fund) seeks to track the performance of a market-weighted index composed of U.S. dollar-dominated, investment-grade corporate bonds maturing in 2031. (from the fund's prospectus)

All 616 holdingsFlow historyOverlap toolAll Target Maturity ETFs

Fund flows
through Jun 2026SEC filings
Jun 2026
+$3.0M
latest reported month
Latest 3 months
+$35M
+88.6% of assets
Latest 12 months
—
Jan 2026: $0JanFeb 2026: $0FebMar 2026: +$4.5MMarApr 2026: +$12MAprMay 2026: +$20M+$20MMayJun 2026: +$3.0MJun
View as a table
Net flows of VBCE by month, Jan 2026 to Jun 2026
MonthNet flow
Jun 2026+$3.0M
May 2026+$20M
Apr 2026+$12M
Mar 2026+$4.5M
Feb 2026$0
Jan 2026$0

Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 6 months ago

Similar funds
FundOverlapFeeAssets1Y
BSCRInvesco BulletShares 2027 Corporate Bond ETF—0.10%$4.5B−1.0%compare
IBDTiShares iBonds Dec 2028 Term Corporate ETF—0.10%$4.1B−2.3%compare
IBDSiShares iBonds Dec 2027 Term Corporate ETF—0.10%$4.0B−0.9%compare
IBDUiShares iBonds Dec 2029 Term Corporate ETF—0.10%$4.0B−3.5%compare
BSCSInvesco BulletShares 2028 Corporate Bond ETF—0.10%$3.5B−2.3%compare

The largest other funds in the Target Maturity category.

ETF Profile
holdings as of 2026-10-20
Holdings
616
AUM
$62.8M
Provider
Vanguard
Inception
2026-03-24
Exchange
XNAS
Data As Of
2026-10-20
Expense Ratio
0.08%
Dividend Yield
2.00%
Distribution
Monthly
Recent distributions
Ex-Date Pay Date Amount Type
2026-10-01 2026-10-05 $0.2794 CD
2026-09-01 2026-09-03 $0.2784 CD
2026-08-03 2026-08-05 $0.2753 CD
2026-07-01 2026-07-06 $0.2736 CD
2026-06-01 2026-06-03 $0.2571 CD
2026-05-01 2026-05-05 $0.0951 CD
Asset Allocation
Top Holdings
top 50 of 616 holdings
Symbol Name Weight % Asset Class Country
— Space Exploration Technologies Corp 1.14% Corporate Bond US
— Goldman Sachs Group Inc/The 1.08% Corporate Bond US
— Amazon.com Inc 0.81% Corporate Bond US
— Amazon.com Inc 0.77% Corporate Bond US
— JPMorgan Chase & Co 0.69% Corporate Bond US
— Goldman Sachs Group Inc/The 0.67% Corporate Bond US
— NVIDIA Corp 0.61% Corporate Bond US
— Alphabet Inc 0.59% Corporate Bond US
— Bank of America Corp 0.58% Corporate Bond US
— Oracle Corp 0.58% Corporate Bond US
— Bank of America Corp 0.54% Corporate Bond US
— Morgan Stanley 0.54% Corporate Bond US
— Wells Fargo & Co 0.53% Corporate Bond US
— JPMorgan Chase & Co 0.51% Corporate Bond US
— Salesforce Inc 0.51% Corporate Bond US
— Morgan Stanley 0.51% Corporate Bond US
— Citibank NA 0.50% Corporate Bond US
— Citigroup Inc 0.50% Corporate Bond US
— JPMorgan Chase & Co 0.50% Corporate Bond US
— Bank of America Corp 0.50% Corporate Bond US
— Citigroup Inc 0.49% Corporate Bond US
— Bank of America Corp 0.47% Corporate Bond US
— Orange SA 0.47% Corporate Bond FR
— Alphabet Inc 0.46% Corporate Bond US
— Goldman Sachs Group Inc/The 0.46% Corporate Bond US
— Aon North America Inc / Aon Global Holdings Plc 0.44% Corporate Bond —
— HSBC Holdings PLC 0.44% Corporate Bond GB
— JPMorgan Chase & Co 0.43% Corporate Bond US
— Morgan Stanley 0.43% Corporate Bond US
— AT&T Inc 0.43% Corporate Bond US
— HSBC Holdings PLC 0.42% Corporate Bond GB
— Bank of America Corp 0.42% Corporate Bond US
— Verizon Communications Inc 0.42% Corporate Bond US
— Oracle Corp 0.41% Corporate Bond US
— Cisco Systems Inc 0.41% Corporate Bond US
— Walt Disney Co/The 0.41% Corporate Bond US
— JPMorgan Chase & Co 0.41% Corporate Bond US
— Bank of America Corp 0.40% Corporate Bond US
— Abbott Laboratories 0.40% Corporate Bond US
— Fidelity National Information Services Inc 0.39% Corporate Bond US
— Meta Platforms Inc 0.39% Corporate Bond US
— Verizon Communications Inc 0.37% Corporate Bond US
— Broadcom Inc 0.37% Corporate Bond US
— Ally Financial Inc 0.37% Corporate Bond US
— Morgan Stanley 0.37% Corporate Bond US
— Morgan Stanley 0.36% Corporate Bond US
— Amazon.com Inc 0.36% Corporate Bond US
— Barclays PLC 0.36% Corporate Bond GB
— T-Mobile USA Inc 0.35% Corporate Bond US
— Goldman Sachs Group Inc/The 0.35% Corporate Bond US
Non-Equity Breakdown
VANGUARD TARGET MATURITY 2031 CORPORATE BOND ETF · NPORT-P period 2026-06-30 (filed 2026-08-28)
Net assets: $39M · 522 total positions · equity 0.00% · non-equity 98.92%
Non-equity holdings — 522 positions, 98.92% of NAV
Category Weight Value Positions
Corporate 98.73% $38.8M 521
Short-term investment 0.19% $74165 1
Chart
Seasonality
Month'26Avg
Jan----
Feb----
Mar0.90%0.90%
Apr0.36%0.36%
May0.21%0.21%
Jun0.17%0.17%
Jul-0.58%-0.58%
Aug-0.07%-0.07%
Sep-1.82%-1.82%
Oct0.94%*0.94%
Nov----
Dec----
Total0.08%0.08%
* Only 1 year(s) of data available.
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $72.97
SMA 50: $73.75
SMA 200: —
Current: $73.42
EMA 12: $73.12
EMA 26: $73.24
MACD: -0.1247 | Signal: 0.0980
BEARISH
ADX (14): 23.72
WEAK TREND
+DI: 26.77
−DI: 35.09

Momentum Oscillators

RSI (14): 54.71
NEUTRAL
Stoch %K: 78.98
Stoch %D: 75.67
Williams %R: -0.29

Volume & Volatility

BB Upper: $73.36
BB Lower: $72.57
OVERBOUGHT
OBV: -271,236
Vol SMA 20: 18,479
Vol ROC: -94.92%
ATR: $0.26
True Range: $0.37
HV 20: 3.4%
HV 30: 4.1%
HV 60: 3.8%

Data Summary

Data Points: 145
Last Updated:
Date Range: 2026-03-26T00:00:00 – 2026-10-21T00:00:00
AI Analysis

Click Frenzy-Pro™ for an AI analysis of this ticker.

Analysis includes technical indicators, news sentiment, risk assessment, and specific price levels to watch.

VBCE Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: 0.1338
Alpha: -7.01%
Correlation: 0.4616
R-Squared: 21.3%
Stock Volatility: 3.7%
Market Volatility: 12.9%

Analysis Details

Benchmark: SPY
Data Points: 145
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Beta & Alpha Over Time

VBCE Institutional Ownership (13F)

Latest filings — 2026-09-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

6 filers388,943 shares$29.37M value
# Filer Shares Value % of Total % of Float Period
1 Hills Bank & Trust Co 358,002 $27.06M 92.15% — 2026-06-30
2 Jane Street Group, LLC Custodian 18,904 $1.43M 4.87% — 2026-06-30
3 TD Waterhouse Canada Inc. 10,406 $756.83K 2.58% — 2026-09-30
4 Farther Finance Advisors, LLC Custodian 1,258 $91.60K 0.31% — 2026-09-30
5 HARBOUR INVESTMENTS, INC. 371 $28.05K 0.10% — 2026-06-30
6 UBS Group AG Custodian 2 $151 <0.01% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
Constituent Performance

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Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month