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

Vanguard Core Bond ETF (NASDAQ:VCRB) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $75.32 and last traded at $75.3550, with a volume of 128444 shares changing hands. The stock had previously closed at $75.55.

Vanguard Core Bond ETF Stock Performance

The stock has a 50 day simple moving average of $76.09 and a 200 day simple moving average of $76.91.

Hedge Funds Weigh In On Vanguard Core Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Creative Financial Designs Inc. ADV purchased a new stake in shares of Vanguard Core Bond ETF during the fourth quarter valued at approximately $50,000. Steward Partners Investment Advisory LLC purchased a new position in shares of Vanguard Core Bond ETF in the fourth quarter valued at $50,000. Angeles Wealth Management LLC acquired a new stake in Vanguard Core Bond ETF during the 2nd quarter valued at $71,000. Portfolio Resources Advisor Group Inc. acquired a new stake in Vanguard Core Bond ETF during the 4th quarter valued at $81,000. Finally, TD Waterhouse Canada Inc. purchased a new stake in Vanguard Core Bond ETF during the 2nd quarter worth $125,000.

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.