Vanguard Core Bond ETF (NASDAQ:VCRB) Stock Price Up 0.1% – Should You Buy?

Vanguard Core Bond ETF (NASDAQ:VCRB)’s share price traded up 0.1% during trading on Thursday . The company traded as high as $78.34 and last traded at $77.90. 399,178 shares changed hands during trading, The stock had previously closed at $77.79.

Vanguard Core Bond ETF Stock Performance

The stock has a 50-day moving average of $77.19 and a 200 day moving average of $76.58.

Vanguard Core Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st were issued a $0.2699 dividend. This represents a $3.24 dividend on an annualized basis and a dividend yield of 4.26%. The ex-dividend date of this dividend was Tuesday, April 1st.

Hedge Funds Weigh In On Vanguard Core Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of VCRB. HighTower Advisors LLC raised its position in shares of Vanguard Core Bond ETF by 2.0% during the 3rd quarter. HighTower Advisors LLC now owns 37,659 shares of the company’s stock valued at $2,984,000 after buying an additional 747 shares during the period. McIlrath & Eck LLC acquired a new position in shares of Vanguard Core Bond ETF in the 3rd quarter valued at $8,108,000. ShankerValleau Wealth Advisors Inc. purchased a new position in shares of Vanguard Core Bond ETF during the 4th quarter worth $11,254,000. Farmers Trust Co. acquired a new stake in shares of Vanguard Core Bond ETF during the 4th quarter worth about $600,000. Finally, San Luis Wealth Advisors LLC lifted its position in Vanguard Core Bond ETF by 8.1% in the fourth quarter. San Luis Wealth Advisors LLC now owns 519,034 shares of the company’s stock valued at $39,348,000 after buying an additional 38,759 shares during the last quarter.

About Vanguard Core Bond ETF

The Vanguard Core Bond ETF (VCRB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively invests in the broad fixed income space, in seeking to provide total return and a moderate level of income. It primarily holds USD-denominated securities of investment grade rating while maintaining an intermediate dollar-weighted average maturity.