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

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

Vanguard Core Bond ETF Stock Down 0.4%

The firm’s fifty day moving average is $76.37 and its 200 day moving average is $77.09.

Vanguard Core Bond ETF Dividend Announcement

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

Hedge Funds Weigh In On Vanguard Core Bond ETF

Several large investors have recently made changes to their positions in VCRB. Ameritas Advisory Services LLC grew its holdings in Vanguard Core Bond ETF by 353.4% in the 2nd quarter. Ameritas Advisory Services LLC now owns 14,564 shares of the company’s stock valued at $1,125,000 after buying an additional 11,352 shares during the last quarter. Echo45 Advisors LLC boosted its position in shares of Vanguard Core Bond ETF by 8.5% in the second quarter. Echo45 Advisors LLC now owns 63,629 shares of the company’s stock valued at $4,914,000 after acquiring an additional 5,011 shares during the period. Magnolia Wealth Management LLC boosted its position in shares of Vanguard Core Bond ETF by 11.4% in the second quarter. Magnolia Wealth Management LLC now owns 716,770 shares of the company’s stock valued at $55,358,000 after acquiring an additional 73,569 shares during the period. HB Wealth Management LLC acquired a new stake in shares of Vanguard Core Bond ETF in the second quarter worth $1,235,000. Finally, Angeles Wealth Management LLC acquired a new stake in shares of Vanguard Core Bond ETF in the second quarter worth $71,000.

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.