Vanguard Core Bond ETF (NASDAQ:VCRB) Sets New 12-Month Low – Here’s Why

Vanguard Core Bond ETF (NASDAQ:VCRB)’s share price hit a new 52-week low during trading on Tuesday. The company traded as low as $73.68 and last traded at $73.7220, with a volume of 102359 shares trading hands. The stock had previously closed at $73.77.

Vanguard Core Bond ETF Stock Performance

The business has a 50 day moving average of $75.62 and a two-hundred day moving average of $76.58.

Hedge Funds Weigh In On Vanguard Core Bond ETF

A number of institutional investors have recently modified their holdings of the company. Daner Wealth Management LLC lifted its holdings in shares of Vanguard Core Bond ETF by 2.0% in the 1st quarter. Daner Wealth Management LLC now owns 10,434 shares of the company’s stock worth $803,000 after purchasing an additional 208 shares in the last quarter. Harbor Investment Advisory LLC increased its stake in Vanguard Core Bond ETF by 1.9% during the 2nd quarter. Harbor Investment Advisory LLC now owns 13,347 shares of the company’s stock valued at $1,031,000 after purchasing an additional 249 shares in the last quarter. Parkside Financial Bank & Trust increased its stake in Vanguard Core Bond ETF by 7.6% during the 2nd quarter. Parkside Financial Bank & Trust now owns 4,195 shares of the company’s stock valued at $324,000 after purchasing an additional 295 shares in the last quarter. MCF Advisors LLC raised its holdings in Vanguard Core Bond ETF by 1.1% during the second quarter. MCF Advisors LLC now owns 27,836 shares of the company’s stock worth $2,150,000 after buying an additional 303 shares during the last quarter. Finally, Sweeney & Michel LLC raised its holdings in Vanguard Core Bond ETF by 8.3% during the first quarter. Sweeney & Michel LLC now owns 4,336 shares of the company’s stock worth $336,000 after buying an additional 331 shares during the last quarter.

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.