Vanguard Emerging Markets Government Bond ETF (NASDAQ:VWOB) Reaches New 52-Week Low – Here’s What Happened

Vanguard Emerging Markets Government Bond ETF (NASDAQ:VWOB) shares reached a new 52-week low during trading on Tuesday. The stock traded as low as $63.38 and last traded at $63.51, with a volume of 696760 shares changing hands. The stock had previously closed at $64.04.

Vanguard Emerging Markets Government Bond ETF Price Performance

The company has a fifty day moving average price of $65.47 and a 200-day moving average price of $66.22.

Vanguard Emerging Markets Government Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Tuesday, September 1st were issued a dividend of $0.3207 per share. This is a negative change from Vanguard Emerging Markets Government Bond ETF’s previous monthly dividend of $0.3466. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $3.85 annualized dividend and a dividend yield of 6.1%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Sei Investments Co. raised its stake in Vanguard Emerging Markets Government Bond ETF by 5.1% during the first quarter. Sei Investments Co. now owns 4,097,342 shares of the company’s stock valued at $269,166,000 after purchasing an additional 200,109 shares in the last quarter. Royal Bank of Canada increased its holdings in shares of Vanguard Emerging Markets Government Bond ETF by 2.2% in the 1st quarter. Royal Bank of Canada now owns 3,189,423 shares of the company’s stock worth $209,514,000 after buying an additional 68,018 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Vanguard Emerging Markets Government Bond ETF by 28.5% in the 1st quarter. Bank of New York Mellon Corp now owns 1,675,300 shares of the company’s stock worth $110,050,000 after buying an additional 371,887 shares during the last quarter. Principal Financial Group Inc. purchased a new stake in shares of Vanguard Emerging Markets Government Bond ETF during the 1st quarter valued at about $70,295,000. Finally, Sumitomo Life Insurance Co. raised its position in shares of Vanguard Emerging Markets Government Bond ETF by 33.6% during the 4th quarter. Sumitomo Life Insurance Co. now owns 502,300 shares of the company’s stock valued at $33,870,000 after buying an additional 126,300 shares in the last quarter.

Vanguard Emerging Markets Government Bond ETF Company Profile

The Vanguard Emerging Markets Government Bond ETF (VWOB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market value weighted index of emerging market sovereign debt, denominated in USD. VWOB was launched on May 31, 2013 and is managed by Vanguard.