Vanguard Core Bond ETF (NASDAQ:VCRB) Trading Up 0.4% – Still a Buy?

Vanguard Core Bond ETF (NASDAQ:VCRB) shares shot up 0.4% during trading on Wednesday . The company traded as high as $77.60 and last traded at $77.46. 56,765 shares changed hands during mid-day trading, The stock had previously closed at $77.18.

Vanguard Core Bond ETF Price Performance

The business has a 50-day simple moving average of $76.95 and a 200-day simple moving average of $78.13.

Vanguard Core Bond ETF Increases Dividend

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

Institutional Investors Weigh In On Vanguard Core Bond ETF

A number of hedge funds have recently added to or reduced their stakes in the company. LRI Investments LLC lifted its holdings in shares of Vanguard Core Bond ETF by 14.2% during the 3rd quarter. LRI Investments LLC now owns 1,307 shares of the company’s stock worth $100,000 after acquiring an additional 163 shares during the period. Olistico Wealth LLC purchased a new stake in shares of Vanguard Core Bond ETF during the 2nd quarter valued at about $43,000. Pasadena Private Wealth LLC boosted its stake in shares of Vanguard Core Bond ETF by 22.1% in the second quarter. Pasadena Private Wealth LLC now owns 3,414 shares of the company’s stock valued at $260,000 after purchasing an additional 618 shares during the period. HighTower Advisors LLC boosted its holdings in Vanguard Core Bond ETF by 2.0% in the third quarter. HighTower Advisors LLC now owns 37,659 shares of the company’s stock valued at $2,984,000 after purchasing an additional 747 shares during the last quarter. Finally, Essex Financial Services Inc. increased its stake in shares of Vanguard Core Bond ETF by 45.7% in the second quarter. Essex Financial Services Inc. now owns 5,055 shares of the company’s stock worth $384,000 after buying an additional 1,585 shares during the last quarter.

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.