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 mid-day trading on Tuesday . The company traded as low as $74.64 and last traded at $74.77, with a volume of 522733 shares changing hands. The stock had previously closed at $74.80.

Vanguard Core Bond ETF Stock Performance

The business’s fifty day moving average price is $75.93 and its 200 day moving average price is $76.79.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. MCF Advisors LLC grew its stake in shares of Vanguard Core Bond ETF by 1.1% in the 2nd quarter. MCF Advisors LLC now owns 27,836 shares of the company’s stock valued at $2,150,000 after purchasing an additional 303 shares during the period. SVB Wealth LLC lifted its position in shares of Vanguard Core Bond ETF by 3.3% during the 2nd quarter. SVB Wealth LLC now owns 333,949 shares of the company’s stock worth $25,792,000 after buying an additional 10,738 shares during the period. Integrated Wealth Concepts LLC boosted its stake in Vanguard Core Bond ETF by 796.8% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 47,702 shares of the company’s stock valued at $3,684,000 after buying an additional 42,383 shares in the last quarter. NewEdge Advisors LLC boosted its stake in Vanguard Core Bond ETF by 50.7% in the 2nd quarter. NewEdge Advisors LLC now owns 200,752 shares of the company’s stock valued at $15,505,000 after buying an additional 67,508 shares in the last quarter. Finally, Baird Financial Group Inc. bought a new stake in Vanguard Core Bond ETF in the second quarter valued at $17,063,000.

About Vanguard Core Bond ETF

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.