Vanguard Core Bond ETF (NASDAQ:VCRB) Shares Up 0.1% – Here’s What Happened

Vanguard Core Bond ETF (NASDAQ:VCRB)’s stock price shot up 0.1% during trading on Thursday . The company traded as high as $78.34 and last traded at $77.90. 399,178 shares were traded during trading, The stock had previously closed at $77.79.

Vanguard Core Bond ETF Stock Performance

The firm has a 50-day moving average price of $77.19 and a 200 day moving average price of $76.58.

Vanguard Core Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were given a dividend of $0.2699 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $3.24 annualized dividend and a dividend yield of 4.26%.

Hedge Funds Weigh In On Vanguard Core Bond ETF

Institutional investors have recently modified their holdings of the business. Retirement Planning Group LLC purchased a new position in Vanguard Core Bond ETF in the first quarter valued at $3,005,000. CGN Advisors LLC raised its position in Vanguard Core Bond ETF by 14.7% in the 1st quarter. CGN Advisors LLC now owns 213,922 shares of the company’s stock valued at $16,564,000 after purchasing an additional 27,476 shares in the last quarter. Harbor Investment Advisory LLC raised its position in Vanguard Core Bond ETF by 55.5% in the 1st quarter. Harbor Investment Advisory LLC now owns 10,788 shares of the company’s stock valued at $835,000 after purchasing an additional 3,852 shares in the last quarter. Kaizen Financial Strategies boosted its stake in shares of Vanguard Core Bond ETF by 20.5% in the 1st quarter. Kaizen Financial Strategies now owns 119,448 shares of the company’s stock valued at $9,249,000 after buying an additional 20,353 shares during the period. Finally, AdvisorNet Financial Inc acquired a new position in shares of Vanguard Core Bond ETF during the first quarter worth about $34,000.

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.