Vanguard ESG U.S. Corporate Bond ETF (BATS:VCEB) Shares Down 1% – Here’s What Happened

Shares of Vanguard ESG U.S. Corporate Bond ETF (BATS:VCEB) dropped 1% on Wednesday . The company traded as low as $64.24 and last traded at $63.93. Approximately 45,977 shares traded hands during mid-day trading, an increase of 23% from the average daily volume of 37,361 shares. The stock had previously closed at $64.55.

Vanguard ESG U.S. Corporate Bond ETF Stock Performance

The stock’s 50 day moving average price is $63.84 and its 200-day moving average price is $63.77.

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

Several institutional investors have recently made changes to their positions in the company. Banco Bilbao Vizcaya Argentaria S.A. lifted its position in shares of Vanguard ESG U.S. Corporate Bond ETF by 2.6% during the second quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 288,940 shares of the company’s stock valued at $18,239,000 after buying an additional 7,213 shares during the last quarter. Willow Creek Wealth Management Inc. raised its stake in shares of Vanguard ESG U.S. Corporate Bond ETF by 3.4% during the 2nd quarter. Willow Creek Wealth Management Inc. now owns 8,727 shares of the company’s stock worth $553,000 after acquiring an additional 289 shares in the last quarter. Allworth Financial LP lifted its position in Vanguard ESG U.S. Corporate Bond ETF by 30.3% during the second quarter. Allworth Financial LP now owns 18,189 shares of the company’s stock valued at $1,153,000 after acquiring an additional 4,229 shares during the last quarter. Equita Financial Network Inc. boosted its stake in Vanguard ESG U.S. Corporate Bond ETF by 46.9% in the second quarter. Equita Financial Network Inc. now owns 9,388 shares of the company’s stock valued at $595,000 after acquiring an additional 2,999 shares in the last quarter. Finally, ST Germain D J Co. Inc. grew its holdings in Vanguard ESG U.S. Corporate Bond ETF by 8.8% in the second quarter. ST Germain D J Co. Inc. now owns 51,131 shares of the company’s stock worth $3,242,000 after purchasing an additional 4,154 shares during the last quarter.

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.