Vanguard ESG U.S. Corporate Bond ETF (BATS:VCEB) Reaches New 52-Week Low – Here’s What Happened

Vanguard ESG U.S. Corporate Bond ETF (BATS:VCEB) hit a new 52-week low on Wednesday. The stock traded as low as $60.39 and last traded at $60.37, with a volume of 25190 shares. The stock had previously closed at $60.85.

Vanguard ESG U.S. Corporate Bond ETF Trading Down 0.5%

The company’s fifty day moving average price is $61.29 and its 200-day moving average price is $62.21.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. West Financial Advisors LLC raised its holdings in shares of Vanguard ESG U.S. Corporate Bond ETF by 2.0% during the second quarter. West Financial Advisors LLC now owns 9,944 shares of the company’s stock valued at $624,000 after acquiring an additional 199 shares during the last quarter. BetterWealth LLC boosted its stake in shares of Vanguard ESG U.S. Corporate Bond ETF by 1.4% in the first quarter. BetterWealth LLC now owns 25,375 shares of the company’s stock worth $1,594,000 after acquiring an additional 348 shares during the last quarter. Walkner Condon Financial Advisors LLC increased its position in shares of Vanguard ESG U.S. Corporate Bond ETF by 3.1% during the first quarter. Walkner Condon Financial Advisors LLC now owns 13,754 shares of the company’s stock worth $864,000 after purchasing an additional 417 shares in the last quarter. Clarity Wealth Development LLC raised its stake in Vanguard ESG U.S. Corporate Bond ETF by 3.2% in the 1st quarter. Clarity Wealth Development LLC now owns 14,739 shares of the company’s stock valued at $926,000 after purchasing an additional 454 shares during the last quarter. Finally, Hollencrest Capital Management purchased a new position in Vanguard ESG U.S. Corporate Bond ETF in the 1st quarter valued at $34,000.

About Vanguard ESG U.S. Corporate Bond ETF

The Vanguard ESG U.S. Corporate Bond ETF (VCEB) is an exchange-traded fund that is based on the Bloomberg MSCI US Corp SRI Select index. The fund tracks an index of US investment-grade corporate bonds of varying maturities, selected based on certain ESG traits provided by MSCI ESG research. VCEB was launched on Sep 22, 2020 and is managed by Vanguard.