Vanguard Core Bond ETF (NASDAQ:VCRB) Hits New 52-Week Low – Here’s Why

Vanguard Core Bond ETF (NASDAQ:VCRBGet Free Report)’s stock price hit a new 52-week low on Wednesday . The company traded as low as $74.61 and last traded at $74.5850, with a volume of 75758 shares. The stock had previously closed at $74.99.

Vanguard Core Bond ETF Price Performance

The company’s 50-day simple moving average is $75.81 and its 200-day simple moving average is $76.69.

Institutional Investors Weigh In On Vanguard Core Bond ETF

Several hedge funds have recently modified their holdings of VCRB. Bank of New York Mellon Corp boosted its stake in Vanguard Core Bond ETF by 9,299.4% in the 1st quarter. Bank of New York Mellon Corp now owns 3,446,119 shares of the company’s stock worth $266,661,000 after purchasing an additional 3,409,456 shares during the period. Heartland Bank & Trust Co acquired a new stake in Vanguard Core Bond ETF during the 2nd quarter valued at $64,750,000. New England Capital Financial Advisors LLC lifted its holdings in shares of Vanguard Core Bond ETF by 811.9% in the first quarter. New England Capital Financial Advisors LLC now owns 590,874 shares of the company’s stock valued at $45,722,000 after purchasing an additional 526,076 shares in the last quarter. Evolve Private Wealth LLC purchased a new stake in shares of Vanguard Core Bond ETF in the first quarter valued at $36,127,000. Finally, Advance Capital Management Inc. boosted its position in Vanguard Core Bond ETF by 13.1% during the 1st quarter. Advance Capital Management Inc. now owns 3,721,695 shares of the company’s stock worth $287,985,000 after acquiring an additional 432,345 shares during the period.

About Vanguard Core Bond ETF

(Get Free Report)

The Vanguard Core Bond ETF (VCRB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively invests in the broad fixed income space, in seeking to provide total return and a moderate level of income. It primarily holds USD-denominated securities of investment grade rating while maintaining an intermediate dollar-weighted average maturity. VCRB was launched on Nov 29, 2023 and is issued by Vanguard.

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