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

Vanguard Core Bond ETF (NASDAQ:VCRB) shares hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $76.13 and last traded at $76.17, with a volume of 44828 shares trading hands. The stock had previously closed at $76.28.

Vanguard Core Bond ETF Trading Down 0.1%

The stock’s 50 day simple moving average is $76.85 and its 200 day simple moving average is $77.51.

Vanguard Core Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were given a $0.2956 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This is an increase from Vanguard Core Bond ETF’s previous dividend of $0.29.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in VCRB. Geneos Wealth Management Inc. lifted its holdings in shares of Vanguard Core Bond ETF by 760.0% in the fourth quarter. Geneos Wealth Management Inc. now owns 430 shares of the company’s stock worth $33,000 after buying an additional 380 shares in the last quarter. CWM LLC bought a new position in Vanguard Core Bond ETF in the fourth quarter worth approximately $46,000. Creative Financial Designs Inc. ADV bought a new position in Vanguard Core Bond ETF in the 4th quarter worth approximately $50,000. Steward Partners Investment Advisory LLC purchased a new position in Vanguard Core Bond ETF during the fourth quarter worth $50,000. Finally, Capital Investment Advisory Services LLC lifted its stake in Vanguard Core Bond ETF by 459.1% in the fourth quarter. Capital Investment Advisory Services LLC now owns 738 shares of the company’s stock worth $58,000 after acquiring an additional 606 shares during the period.

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. VCRB was launched on Nov 29, 2023 and is issued by Vanguard.