Patriot Investment Management Group Inc. Increases Stock Position in Vanguard Core Bond ETF (NASDAQ:VCRB)

Patriot Investment Management Group Inc. grew its stake in Vanguard Core Bond ETF (NASDAQ:VCRB) by 135.8% during the second quarter, Holdings Channel.com reports. The fund owned 19,245 shares of the company’s stock after acquiring an additional 11,085 shares during the period. Patriot Investment Management Group Inc.’s holdings in Vanguard Core Bond ETF were worth $1,463,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Olistico Wealth LLC purchased a new position in Vanguard Core Bond ETF in the 2nd quarter valued at approximately $43,000. LRI Investments LLC purchased a new position in Vanguard Core Bond ETF in the first quarter valued at $47,000. Mendota Financial Group LLC acquired a new position in Vanguard Core Bond ETF during the 1st quarter worth $81,000. Dentgroup LLC purchased a new position in shares of Vanguard Core Bond ETF in the 1st quarter valued at about $207,000. Finally, Pasadena Private Wealth LLC purchased a new stake in shares of Vanguard Core Bond ETF during the first quarter worth approximately $214,000.

Vanguard Core Bond ETF Price Performance

Shares of Vanguard Core Bond ETF stock traded up $0.17 during trading on Monday, hitting $78.04. 43,500 shares of the stock were exchanged, compared to its average volume of 56,022. Vanguard Core Bond ETF has a 12-month low of $74.22 and a 12-month high of $79.58. The firm’s 50-day moving average price is $77.22 and its 200 day moving average price is $76.33.

Vanguard Core Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, August 1st were issued a $0.2836 dividend. The ex-dividend date of this dividend was Thursday, August 1st. This represents a $3.40 dividend on an annualized basis and a dividend yield of 4.36%. This is an increase from Vanguard Core Bond ETF’s previous monthly dividend of $0.13.

Vanguard Core Bond ETF 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.