Advance Capital Management Inc. Takes Position in Vanguard Core Bond ETF $VCRB

Advance Capital Management Inc. bought a new stake in Vanguard Core Bond ETF (NASDAQ:VCRB) in the 4th quarter, according to its most recent filing with the SEC. The fund bought 3,289,350 shares of the company’s stock, valued at approximately $256,224,000. Vanguard Core Bond ETF accounts for 10.9% of Advance Capital Management Inc.’s investment portfolio, making the stock its 4th largest holding. Advance Capital Management Inc. owned about 5.37% of Vanguard Core Bond ETF as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in VCRB. Patriot Investment Management Group Inc. boosted its stake in shares of Vanguard Core Bond ETF by 0.9% during the 3rd quarter. Patriot Investment Management Group Inc. now owns 27,648 shares of the company’s stock worth $2,168,000 after acquiring an additional 255 shares in the last quarter. Raymond James Financial Inc. raised its holdings in Vanguard Core Bond ETF by 2.1% in the 3rd quarter. Raymond James Financial Inc. now owns 13,733 shares of the company’s stock worth $1,077,000 after purchasing an additional 276 shares during the period. AE Wealth Management LLC boosted its position in Vanguard Core Bond ETF by 18.5% during the third quarter. AE Wealth Management LLC now owns 1,878 shares of the company’s stock worth $147,000 after purchasing an additional 293 shares in the last quarter. Private Trust Co. NA boosted its position in Vanguard Core Bond ETF by 21.2% during the third quarter. Private Trust Co. NA now owns 2,338 shares of the company’s stock worth $183,000 after purchasing an additional 409 shares in the last quarter. Finally, Global Retirement Partners LLC grew its holdings in Vanguard Core Bond ETF by 21.4% in the third quarter. Global Retirement Partners LLC now owns 2,578 shares of the company’s stock valued at $202,000 after purchasing an additional 454 shares during the period.

Vanguard Core Bond ETF Price Performance

Shares of VCRB opened at $77.48 on Friday. Vanguard Core Bond ETF has a 12 month low of $75.09 and a 12 month high of $79.18. The stock’s 50 day moving average is $78.22 and its two-hundred day moving average is $78.30.

Vanguard Core Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a dividend of $0.2613 per share. The ex-dividend date was Monday, March 2nd.

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. VCRB was launched on Nov 29, 2023 and is issued by Vanguard.