Vanguard Core Bond ETF (NASDAQ:VCRB) Hits New 1-Year High – Here’s What Happened

Vanguard Core Bond ETF (NASDAQ:VCRB) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $79.18 and last traded at $79.09, with a volume of 275390 shares changing hands. The stock had previously closed at $79.01.

Vanguard Core Bond ETF Trading Up 0.1%

The stock has a 50-day moving average of $78.20 and a 200 day moving average of $77.22.

Vanguard Core Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were given a dividend of $0.2812 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Wednesday, October 1st.

Institutional Trading of Vanguard Core Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Hazlett Burt & Watson Inc. purchased a new stake in shares of Vanguard Core Bond ETF during the second quarter valued at approximately $26,000. IFP Advisors Inc bought a new position in Vanguard Core Bond ETF during the first quarter valued at $26,000. Mid American Wealth Advisory Group Inc. bought a new position in Vanguard Core Bond ETF during the second quarter valued at $31,000. Spire Wealth Management bought a new position in Vanguard Core Bond ETF during the first quarter valued at $31,000. Finally, Farther Finance Advisors LLC bought a new position in Vanguard Core Bond ETF during the third quarter valued at $51,000.

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.