Vanguard ESG U.S. Corporate Bond ETF (BATS:VCEB) Reaches New 52-Week Low – Should You Sell?

Vanguard ESG U.S. Corporate Bond ETF (BATS:VCEB) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as $61.85 and last traded at $61.86, with a volume of 56540 shares changing hands. The stock had previously closed at $62.03.

Vanguard ESG U.S. Corporate Bond ETF Stock Down 0.3%

The firm’s 50 day moving average price is $62.62 and its two-hundred day moving average price is $63.16.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Physician Wealth Advisors Inc. purchased a new position in Vanguard ESG U.S. Corporate Bond ETF in the fourth quarter valued at about $27,000. Keystone Financial Group purchased a new stake in Vanguard ESG U.S. Corporate Bond ETF during the 3rd quarter worth approximately $34,000. Hollencrest Capital Management purchased a new stake in Vanguard ESG U.S. Corporate Bond ETF during the 1st quarter worth approximately $34,000. Birchwood Financial Partners Inc. acquired a new position in shares of Vanguard ESG U.S. Corporate Bond ETF in the 4th quarter valued at approximately $52,000. Finally, WFA of San Diego LLC purchased a new position in shares of Vanguard ESG U.S. Corporate Bond ETF during the 2nd quarter valued at approximately $64,000.

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.