Vanguard ESG U.S. Corporate Bond ETF (BATS:VCEB) Stock Price Breaks Below Fifty Day Moving Average – Should You Sell?

Vanguard ESG U.S. Corporate Bond ETF (BATS:VCEB) shares passed below its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $60.23 and traded as low as $60.04. Vanguard ESG U.S. Corporate Bond ETF shares last traded at $60.16, with a volume of 232,962 shares traded.

Vanguard ESG U.S. Corporate Bond ETF Stock Down 0.7%

The stock has a 50 day moving average price of $60.19 and a 200 day moving average price of $62.05.

Institutional Investors Weigh In On Vanguard ESG U.S. Corporate Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the business. First Trust Advisors LP acquired a new position in shares of Vanguard ESG U.S. Corporate Bond ETF in the 3rd quarter worth approximately $235,000. Private Advisor Group LLC boosted its holdings in Vanguard ESG U.S. Corporate Bond ETF by 2.4% during the third quarter. Private Advisor Group LLC now owns 9,054 shares of the company’s stock worth $539,000 after buying an additional 212 shares in the last quarter. Francis Financial Inc. grew its position in Vanguard ESG U.S. Corporate Bond ETF by 30.5% in the third quarter. Francis Financial Inc. now owns 115,796 shares of the company’s stock worth $6,899,000 after buying an additional 27,074 shares during the last quarter. Silver Oak Wealth Advisors Services LLC grew its position in Vanguard ESG U.S. Corporate Bond ETF by 11.2% in the third quarter. Silver Oak Wealth Advisors Services LLC now owns 3,807 shares of the company’s stock worth $227,000 after buying an additional 382 shares during the last quarter. Finally, Harbour Investments Inc. grew its position in Vanguard ESG U.S. Corporate Bond ETF by 12.3% in the third quarter. Harbour Investments Inc. now owns 29,418 shares of the company’s stock worth $1,753,000 after buying an additional 3,221 shares during the last quarter.

Vanguard ESG U.S. Corporate Bond ETF Company Profile

The Vanguard ESG U.S. Corporate Bond ETF (VCEB) is an exchange-traded fund that is based on the Bloomberg MSCI US Corp SRI Select index. The fund tracks an index of US investment-grade corporate bonds of varying maturities, selected based on certain ESG traits provided by MSCI ESG research. VCEB was launched on Sep 22, 2020 and is managed by Vanguard.