Vanguard Core Bond ETF (NASDAQ:VCRB) Reaches New 1-Year Low – Here’s What Happened

Shares of Vanguard Core Bond ETF (NASDAQ:VCRB) hit a new 52-week low during trading 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 Trading Down 0.5%

The firm’s fifty day moving average price is $75.72 and its two-hundred day moving average price is $76.64.

Hedge Funds Weigh In On Vanguard Core Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of VCRB. Angeles Wealth Management LLC bought a new stake in shares of Vanguard Core Bond ETF in the second quarter worth $71,000. Portfolio Resources Advisor Group Inc. purchased a new stake in Vanguard Core Bond ETF during the fourth quarter valued at $81,000. TD Waterhouse Canada Inc. bought a new position in Vanguard Core Bond ETF in the second quarter valued at about $125,000. Continuum Advisory LLC bought a new position in Vanguard Core Bond ETF in the second quarter valued at about $140,000. Finally, Renaissance Technologies LLC purchased a new position in Vanguard Core Bond ETF in the first quarter worth about $201,000.

Vanguard Core Bond ETF Company Profile

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.