The stock of VANGUARD US AGG BOND INDEX ETF CAD (TSE:VBU) hit a new 52-week low and has $22.74 target or 8.00% below today’s $24.72 share price. The 7 months bearish chart indicates high risk for the $73.77 million company. The 1-year low was reported on Dec, 1 by Barchart.com. If the $22.74 price target is reached, the company will be worth $5.90M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. About 53,161 shares traded hands or 498.93% up from the average. VANGUARD US AGG BOND INDEX ETF CAD (TSE:VBU) has declined 1.93% since April 27, 2016 and is downtrending. It has underperformed by 7.86% the S&P500.
More recent VANGUARD US AGG BOND INDEX ETF CAD (TSE:VBU) news were published by: Marketwatch.com which released: “Vanguard announces cash distributions for the Vanguard ETFs (VAB, VSB, VSC …” on September 06, 2016. Also Theglobeandmail.com published the news titled: “How to assess five new Vanguard ETFs” on August 13, 2013. Business.Financialpost.com‘s news article titled: “5 mistakes ETF investors make” with publication date: May 30, 2014 was also an interesting one.
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