Short Interest in Vanguard Core Bond ETF (NASDAQ:VCRB) Expands By 1,731.1%

Vanguard Core Bond ETF (NASDAQ:VCRB) was the target of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 305,800 shares, a growth of 1,731.1% from the March 15th total of 16,700 shares. Based on an average daily volume of 323,000 shares, the short-interest ratio is currently 0.9 days. Currently, 0.9% of the shares of the stock are short sold.

Institutional Investors Weigh In On Vanguard Core Bond ETF

Hedge funds have recently bought and sold shares of the business. AdvisorNet Financial Inc bought a new stake in shares of Vanguard Core Bond ETF in the 1st quarter worth about $34,000. Transcendent Capital Group LLC purchased a new position in Vanguard Core Bond ETF in the fourth quarter worth about $41,000. Essex Financial Services Inc. increased its stake in Vanguard Core Bond ETF by 13.5% during the fourth quarter. Essex Financial Services Inc. now owns 6,020 shares of the company’s stock worth $456,000 after acquiring an additional 715 shares during the last quarter. Pasadena Private Wealth LLC raised its position in Vanguard Core Bond ETF by 27.5% during the fourth quarter. Pasadena Private Wealth LLC now owns 4,298 shares of the company’s stock valued at $326,000 after purchasing an additional 928 shares during the period. Finally, Wells Fargo & Company MN bought a new stake in shares of Vanguard Core Bond ETF in the 4th quarter valued at approximately $75,000.

Vanguard Core Bond ETF Stock Performance

Shares of Vanguard Core Bond ETF stock opened at $76.39 on Wednesday. Vanguard Core Bond ETF has a twelve month low of $74.22 and a twelve month high of $79.86. The business has a 50-day moving average price of $77.07 and a 200-day moving average price of $76.58.

Vanguard Core Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were issued a dividend of $0.2699 per share. The ex-dividend date was Tuesday, April 1st. This represents a $3.24 annualized dividend and a dividend yield of 4.24%.

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.