Vanguard Core Bond ETF (NASDAQ:VCRB) Hits New 12-Month Low – Should You Sell?

Vanguard Core Bond ETF (NASDAQ:VCRB)’s share price reached a new 52-week low during mid-day trading on Wednesday. The company traded as low as $73.09 and last traded at $73.2450, with a volume of 34479 shares trading hands. The stock had previously closed at $73.41.

Vanguard Core Bond ETF Trading Up 0.3%

The firm’s fifty day moving average price is $75.19 and its two-hundred day moving average price is $76.36.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp lifted its holdings in shares of Vanguard Core Bond ETF by 9,299.4% in the 1st quarter. Bank of New York Mellon Corp now owns 3,446,119 shares of the company’s stock worth $266,661,000 after purchasing an additional 3,409,456 shares in the last quarter. Boston Standard Wealth Management LLC bought a new stake in Vanguard Core Bond ETF during the 3rd quarter valued at $72,037,000. Heartland Bank & Trust Co bought a new stake in Vanguard Core Bond ETF during the 2nd quarter valued at $64,750,000. New England Capital Financial Advisors LLC raised its holdings in Vanguard Core Bond ETF by 811.9% during the first quarter. New England Capital Financial Advisors LLC now owns 590,874 shares of the company’s stock worth $45,722,000 after buying an additional 526,076 shares during the last quarter. Finally, Evolve Private Wealth LLC acquired a new position in Vanguard Core Bond ETF during the first quarter worth $36,127,000.

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.