Vanguard Core Bond ETF (NASDAQ:VCRB) Hits New 52-Week Low – Should You Sell?

Shares of Vanguard Core Bond ETF (NASDAQ:VCRB) hit 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. The stock had previously closed at $73.41.

Vanguard Core Bond ETF Stock Performance

The company’s 50 day moving average price is $75.30 and its 200 day moving average price is $76.41.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Atomic Invest LLC acquired a new stake in shares of Vanguard Core Bond ETF in the 2nd quarter valued at $35,000. Angeles Wealth Management LLC acquired a new position in shares of Vanguard Core Bond ETF during the second quarter valued at $71,000. Portfolio Resources Advisor Group Inc. bought a new position in Vanguard Core Bond ETF in the fourth quarter valued at about $81,000. TD Waterhouse Canada Inc. bought a new position in Vanguard Core Bond ETF in the second quarter valued at about $125,000. Finally, Continuum Advisory LLC acquired a new stake in Vanguard Core Bond ETF in the second quarter worth about $140,000.

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.