Vanguard Core Bond ETF (NASDAQ:VCRB) Hits New 52-Week Low – What’s Next?

Shares of Vanguard Core Bond ETF (NASDAQ:VCRB) reached a new 52-week low during trading on Friday . The company traded as low as $75.87 and last traded at $75.89, with a volume of 22520 shares traded. The stock had previously closed at $76.07.

Vanguard Core Bond ETF Stock Down 0.2%

The firm’s fifty day moving average price is $76.77 and its 200-day moving average price is $77.41.

Vanguard Core Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were given a $0.2956 dividend. This is a positive change from Vanguard Core Bond ETF’s previous dividend of $0.29. The ex-dividend date was Wednesday, July 1st.

Hedge Funds Weigh In On Vanguard Core Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Rise Advisors LLC increased its position in shares of Vanguard Core Bond ETF by 52.5% during the 2nd quarter. Rise Advisors LLC now owns 459,797 shares of the company’s stock valued at $35,511,000 after purchasing an additional 158,358 shares during the period. Farrell Financial LLC boosted its stake in Vanguard Core Bond ETF by 8.0% during the second quarter. Farrell Financial LLC now owns 29,356 shares of the company’s stock valued at $2,267,000 after buying an additional 2,163 shares in the last quarter. Orrstown Financial Services Inc. boosted its stake in Vanguard Core Bond ETF by 1.2% during the second quarter. Orrstown Financial Services Inc. now owns 894,661 shares of the company’s stock valued at $69,097,000 after buying an additional 10,938 shares in the last quarter. ShankerValleau Wealth Advisors Inc. grew its holdings in Vanguard Core Bond ETF by 5.9% during the second quarter. ShankerValleau Wealth Advisors Inc. now owns 192,792 shares of the company’s stock worth $14,890,000 after acquiring an additional 10,757 shares during the period. Finally, Mendota Financial Group LLC raised its position in Vanguard Core Bond ETF by 96.1% in the second quarter. Mendota Financial Group LLC now owns 108,705 shares of the company’s stock worth $8,396,000 after acquiring an additional 53,260 shares in the last quarter.

About Vanguard Core Bond ETF

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.