Vanguard Core Bond ETF (NASDAQ:VCRB) Shares Up 0.3% – What’s Next?

Vanguard Core Bond ETF (NASDAQ:VCRB)’s share price shot up 0.3% during trading on Friday . The company traded as high as $75.96 and last traded at $75.96. 487,934 shares were traded during trading, The stock had previously closed at $75.76.

Vanguard Core Bond ETF Stock Performance

The stock’s 50 day moving average price is $76.49 and its two-hundred day moving average price is $76.82.

Vanguard Core Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, May 5th. Stockholders of record on Thursday, May 1st were issued a dividend of $0.2832 per share. The ex-dividend date of this dividend was Thursday, May 1st. This is an increase from Vanguard Core Bond ETF’s previous monthly dividend of $0.27. This represents a $3.40 dividend on an annualized basis and a dividend yield of 4.47%.

Institutional Investors Weigh In On Vanguard Core Bond ETF

Several hedge funds have recently modified their holdings of VCRB. McIlrath & Eck LLC raised its holdings in Vanguard Core Bond ETF by 8.1% in the first quarter. McIlrath & Eck LLC now owns 122,904 shares of the company’s stock valued at $9,516,000 after buying an additional 9,256 shares during the period. Coppell Advisory Solutions LLC purchased a new position in Vanguard Core Bond ETF in the first quarter valued at approximately $1,422,000. NewEdge Advisors LLC raised its holdings in Vanguard Core Bond ETF by 12.7% in the first quarter. NewEdge Advisors LLC now owns 28,102 shares of the company’s stock valued at $2,176,000 after buying an additional 3,162 shares during the period. Royal Bank of Canada raised its holdings in Vanguard Core Bond ETF by 116.9% in the first quarter. Royal Bank of Canada now owns 12,966 shares of the company’s stock valued at $1,004,000 after buying an additional 6,987 shares during the period. Finally, TD Capital Management LLC raised its holdings in Vanguard Core Bond ETF by 30.2% in the first quarter. TD Capital Management LLC now owns 2,553 shares of the company’s stock valued at $198,000 after buying an additional 592 shares during the period.

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.