Vanguard Emerging Markets Government Bond ETF (NASDAQ:VWOB) Sets New 12-Month Low – Time to Sell?

Vanguard Emerging Markets Government Bond ETF (NASDAQ:VWOB)’s stock price hit a new 52-week low during mid-day trading on Wednesday. The company traded as low as $64.52 and last traded at $64.5120, with a volume of 238155 shares trading hands. The stock had previously closed at $65.10.

Vanguard Emerging Markets Government Bond ETF Stock Down 0.6%

The business has a 50 day moving average price of $65.69 and a 200 day moving average price of $66.32.

Vanguard Emerging Markets Government Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Tuesday, September 1st were issued a dividend of $0.3207 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This is a decrease from Vanguard Emerging Markets Government Bond ETF’s previous monthly dividend of $0.3466. This represents a $3.85 dividend on an annualized basis and a dividend yield of 6.0%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Arlington Trust Co LLC lifted its stake in shares of Vanguard Emerging Markets Government Bond ETF by 76.2% in the 2nd quarter. Arlington Trust Co LLC now owns 474 shares of the company’s stock worth $32,000 after purchasing an additional 205 shares during the period. Triumph Capital Management raised its position in Vanguard Emerging Markets Government Bond ETF by 198.8% in the second quarter. Triumph Capital Management now owns 496 shares of the company’s stock worth $33,000 after acquiring an additional 330 shares during the period. Godfrey Financial Associates Inc. bought a new position in Vanguard Emerging Markets Government Bond ETF in the fourth quarter worth approximately $50,000. Western Wealth Management LLC purchased a new position in shares of Vanguard Emerging Markets Government Bond ETF during the 1st quarter worth $78,000. Finally, Trust Co. of Vermont purchased a new position in shares of Vanguard Emerging Markets Government Bond ETF during the 2nd quarter worth $123,000.

About Vanguard Emerging Markets Government Bond ETF

The Vanguard Emerging Markets Government Bond ETF (VWOB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market value weighted index of emerging market sovereign debt, denominated in USD. VWOB was launched on May 31, 2013 and is managed by Vanguard.