Vanguard Core Bond ETF (NASDAQ:VCRB) Sets New 1-Year Low – Should You Sell?

Vanguard Core Bond ETF (NASDAQ:VCRB) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $75.47 and last traded at $75.52, with a volume of 28453 shares changing hands. The stock had previously closed at $75.90.

Vanguard Core Bond ETF Stock Performance

The company’s 50 day simple moving average is $76.37 and its 200 day simple moving average is $77.09.

Vanguard Core Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Monday, August 3rd were issued a $0.3021 dividend. The ex-dividend date was Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 4.8%.

Institutional Investors Weigh In On Vanguard Core Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VCRB. CWM LLC bought a new position in Vanguard Core Bond ETF during the 4th quarter valued at $46,000. Creative Financial Designs Inc. ADV purchased a new stake in Vanguard Core Bond ETF during the fourth quarter valued at about $50,000. Steward Partners Investment Advisory LLC acquired a new stake in Vanguard Core Bond ETF during the 4th quarter valued at $50,000. Angeles Wealth Management LLC purchased a new stake in Vanguard Core Bond ETF in the 2nd quarter worth about $71,000. Finally, Portfolio Resources Advisor Group Inc. acquired a new stake in shares of Vanguard Core Bond ETF during the fourth quarter worth approximately $81,000.

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.