Vanguard ESG U.S. Corporate Bond ETF (BATS:VCEB) Hits New 1-Year Low – What’s Next?

Vanguard ESG U.S. Corporate Bond ETF (BATS:VCEB)’s share price hit a new 52-week low during trading on Monday . The stock traded as low as $61.37 and last traded at $61.37, with a volume of 1011 shares trading hands. The stock had previously closed at $61.62.

Vanguard ESG U.S. Corporate Bond ETF Price Performance

The stock has a 50 day moving average price of $62.38 and a two-hundred day moving average price of $62.95.

Hedge Funds Weigh In On Vanguard ESG U.S. Corporate Bond ETF

Several hedge funds have recently added to or reduced their stakes in the stock. Whittier Trust Co. grew its position in shares of Vanguard ESG U.S. Corporate Bond ETF by 30,379.5% during the 4th quarter. Whittier Trust Co. now owns 13,411 shares of the company’s stock worth $855,000 after buying an additional 13,367 shares during the period. Pearl Planning LLC acquired a new stake in shares of Vanguard ESG U.S. Corporate Bond ETF in the 4th quarter valued at approximately $2,303,000. Apella Capital LLC acquired a new stake in shares of Vanguard ESG U.S. Corporate Bond ETF in the 4th quarter valued at approximately $950,000. JPMorgan Chase & Co. boosted its stake in Vanguard ESG U.S. Corporate Bond ETF by 193.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 40,684 shares of the company’s stock worth $2,612,000 after acquiring an additional 26,832 shares during the last quarter. Finally, DeDora Capital Inc. boosted its stake in Vanguard ESG U.S. Corporate Bond ETF by 6.3% during the 4th quarter. DeDora Capital Inc. now owns 162,173 shares of the company’s stock worth $10,319,000 after acquiring an additional 9,548 shares during the last quarter.

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.