Vanguard Core Bond ETF (NASDAQ:VCRB) Sees Unusually-High Trading Volume – Still a Buy?

Shares of Vanguard Core Bond ETF (NASDAQ:VCRB) saw unusually-strong trading volume on Tuesday . Approximately 1,091,970 shares were traded during mid-day trading, an increase of 991% from the previous session’s volume of 100,082 shares.The stock last traded at $76.64 and had previously closed at $77.07.

Vanguard Core Bond ETF Stock Down 0.5 %

The business’s 50 day moving average price is $77.42 and its 200-day moving average price is $78.33.

Vanguard Core Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were paid a $0.2875 dividend. The ex-dividend date was Friday, November 1st. This is a boost from Vanguard Core Bond ETF’s previous dividend of $0.28.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of VCRB. Magnolia Wealth Management LLC acquired a new stake in Vanguard Core Bond ETF during the 2nd quarter worth $41,500,000. Diversified Portfolios Inc. grew its holdings in shares of Vanguard Core Bond ETF by 1,545.9% in the 3rd quarter. Diversified Portfolios Inc. now owns 348,480 shares of the company’s stock valued at $27,596,000 after buying an additional 327,307 shares during the period. Tilson Financial Group Inc. acquired a new position in shares of Vanguard Core Bond ETF in the 3rd quarter valued at $17,633,000. Foundations Investment Advisors LLC acquired a new position in shares of Vanguard Core Bond ETF in the 3rd quarter valued at $16,815,000. Finally, Tull Financial Group Inc. acquired a new position in shares of Vanguard Core Bond ETF in the 3rd quarter valued at $13,291,000.

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.