PNC Financial Services Group Inc. Invests $352,000 in Vanguard Core Bond ETF (NASDAQ:VCRB)

PNC Financial Services Group Inc. bought a new position in shares of Vanguard Core Bond ETF (NASDAQ:VCRB) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 4,552 shares of the company’s stock, valued at approximately $352,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Dynamic Advisor Solutions LLC acquired a new position in Vanguard Core Bond ETF in the 1st quarter valued at about $631,000. Envestnet Asset Management Inc. increased its position in Vanguard Core Bond ETF by 180.3% during the 4th quarter. Envestnet Asset Management Inc. now owns 39,923 shares of the company’s stock worth $3,027,000 after purchasing an additional 25,681 shares during the period. Wells Fargo & Company MN acquired a new position in Vanguard Core Bond ETF during the 4th quarter worth approximately $75,000. NorthLanding Financial Partners LLC increased its position in Vanguard Core Bond ETF by 11.4% during the 1st quarter. NorthLanding Financial Partners LLC now owns 93,121 shares of the company’s stock worth $7,210,000 after purchasing an additional 9,543 shares during the period. Finally, LPL Financial LLC increased its position in Vanguard Core Bond ETF by 109.4% during the 4th quarter. LPL Financial LLC now owns 19,470 shares of the company’s stock worth $1,476,000 after purchasing an additional 10,170 shares during the period.

Vanguard Core Bond ETF Trading Down 0.1%

NASDAQ VCRB opened at $77.42 on Friday. The business’s 50 day moving average is $77.05 and its two-hundred day moving average is $76.64. Vanguard Core Bond ETF has a 12-month low of $74.82 and a 12-month high of $79.86.

Vanguard Core Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, August 5th. Shareholders of record on Friday, August 1st were given a dividend of $0.2886 per share. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date was Friday, August 1st. This is a positive change from Vanguard Core Bond ETF’s previous monthly dividend of $0.29.

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.