The highest trading volumes during yesterday's session were recorded by: Vanguard Global ex-U.S. Real Estate Index Fund ETF Shares, Vanguard Intermediate-Term Bond Index Fund ETF Shares, iShares 7-10 Year Treasury Bond ETF.
A quick recap of where the last trading session ended: Leading equity indices in the US rose as Dow Jones ended the session at 33,000 after a 1.05% gain. S&P 500 closed the day at 3,981.35, having gained 0.76%.
Why Trading Volume Matters
Trading volume is simply the total number of shares traded including both buy and sell orders. If a stock has appreciated on high volume, it is more likely to be a sustained move compared to an appreciation with low volume. Typically, high volume trading sessions are considered significant occurrences and closely watched by traders.
Price action was mostly bullish yesterday with some etfs recording abnormally high trading volumes. Here's a recap:
Without a clear direction, Vanguard Global ex-U.S. Real Estate Index Fund ETF Shares closed at $41.54 while ranging between $41.28 and $41.68.
Having set a significant high of $85.1 11 months ago, Vanguard Intermediate-Term Bond ETF is trading 13.34% lower.
IShares 7-10 Year Treasury Bond ETF reached a significant high of $113 around 11 months ago but has lost 16.11% since then. The fund has been trending lower for about a month.
— Average trading volume refers to a 21-day rolling average.