Vanguard ESG U.S. Corporate Bond ETF (BATS:VCEB) Shares Break Above Fifty Day Moving Average – What’s Next?

Vanguard ESG U.S. Corporate Bond ETF (BATS:VCEB)’s share price passed above its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $60.40 and traded as high as $60.48. Vanguard ESG U.S. Corporate Bond ETF shares last traded at $60.43, with a volume of 115,029 shares changing hands.

Vanguard ESG U.S. Corporate Bond ETF Stock Performance

The company has a 50-day moving average of $60.40 and a two-hundred day moving average of $62.21.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Modera Wealth Management LLC acquired a new position in shares of Vanguard ESG U.S. Corporate Bond ETF in the 3rd quarter valued at $9,555,000. Balance Wealth Partners LLC purchased a new stake in shares of Vanguard ESG U.S. Corporate Bond ETF during the 3rd quarter valued at $69,000. Valley National Advisers Inc. acquired a new stake in shares of Vanguard ESG U.S. Corporate Bond ETF during the 3rd quarter worth $738,000. White Lighthouse Investment Management Inc. increased its holdings in shares of Vanguard ESG U.S. Corporate Bond ETF by 5.1% during the 3rd quarter. White Lighthouse Investment Management Inc. now owns 6,984 shares of the company’s stock worth $416,000 after buying an additional 337 shares during the last quarter. Finally, Diversify Advisory Services LLC acquired a new stake in shares of Vanguard ESG U.S. Corporate Bond ETF during the 3rd quarter worth $301,000.

Vanguard ESG U.S. Corporate Bond ETF Company Profile

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.