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

Vanguard Core Bond ETF (NASDAQ:VCRB) was the target of a significant growth in short interest in 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. Currently, 0.9% of the company’s stock are sold short. Based on an average daily trading volume, of 323,000 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Martel Wealth Advisors Inc bought a new position in shares of Vanguard Core Bond ETF during the 4th quarter worth approximately $83,175,000. HBK Sorce Advisory LLC lifted its holdings in Vanguard Core Bond ETF by 6.7% during the fourth quarter. HBK Sorce Advisory LLC now owns 7,187,622 shares of the company’s stock worth $544,894,000 after acquiring an additional 451,370 shares during the period. American Trust purchased a new position in Vanguard Core Bond ETF in the fourth quarter worth $29,620,000. Momentous Wealth Management Inc. bought a new position in Vanguard Core Bond ETF in the 4th quarter valued at $18,767,000. Finally, Diversified Portfolios Inc. grew its stake in Vanguard Core Bond ETF by 60.7% in the 4th quarter. Diversified Portfolios Inc. now owns 560,086 shares of the company’s stock valued at $42,460,000 after purchasing an additional 211,606 shares during the period.

Vanguard Core Bond ETF Price Performance

NASDAQ VCRB opened at $76.39 on Wednesday. The business has a fifty day simple moving average of $77.07 and a 200 day simple moving average of $76.58. Vanguard Core Bond ETF has a 12 month low of $74.22 and a 12 month high of $79.86.

Vanguard Core Bond ETF Cuts Dividend

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

Vanguard Core Bond ETF Company Profile

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.