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

Vanguard Core Bond ETF (NASDAQ:VCRB)’s stock price reached a new 52-week low on Wednesday . The company traded as low as $76.13 and last traded at $76.17, with a volume of 44828 shares. The stock had previously closed at $76.28.

Vanguard Core Bond ETF Stock Performance

The business has a 50-day moving average of $76.85 and a 200 day moving average of $77.51.

Vanguard Core Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were given a dividend of $0.2956 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This is a boost from Vanguard Core Bond ETF’s previous dividend of $0.29.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of VCRB. Geneos Wealth Management Inc. lifted its position in shares of Vanguard Core Bond ETF by 760.0% in the 4th quarter. Geneos Wealth Management Inc. now owns 430 shares of the company’s stock worth $33,000 after acquiring an additional 380 shares during the period. CWM LLC acquired a new stake in Vanguard Core Bond ETF during the fourth quarter worth approximately $46,000. Creative Financial Designs Inc. ADV bought a new stake in Vanguard Core Bond ETF in the fourth quarter valued at approximately $50,000. Steward Partners Investment Advisory LLC purchased a new position in Vanguard Core Bond ETF during the fourth quarter worth about $50,000. Finally, Capital Investment Advisory Services LLC increased its stake in shares of Vanguard Core Bond ETF by 459.1% in the fourth quarter. Capital Investment Advisory Services LLC now owns 738 shares of the company’s stock worth $58,000 after purchasing an additional 606 shares in 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.