Dickmeyer Boyce Financial Management Inc. Purchases New Stake in Vanguard Core Bond ETF $VCRB

Dickmeyer Boyce Financial Management Inc. acquired a new stake in shares of Vanguard Core Bond ETF (NASDAQ:VCRB) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 34,019 shares of the company’s stock, valued at approximately $2,632,000. Vanguard Core Bond ETF comprises about 1.5% of Dickmeyer Boyce Financial Management Inc.’s portfolio, making the stock its 18th biggest holding.

Other hedge funds also recently added to or reduced their stakes in the company. Swmg LLC grew its stake in Vanguard Core Bond ETF by 3.5% in the fourth quarter. Swmg LLC now owns 4,581 shares of the company’s stock worth $358,000 after purchasing an additional 155 shares in the last quarter. Patriot Financial Group Insurance Agency LLC raised its stake in Vanguard Core Bond ETF by 2.9% during the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 6,151 shares of the company’s stock valued at $479,000 after buying an additional 171 shares in the last quarter. Daner Wealth Management LLC lifted its holdings in Vanguard Core Bond ETF by 2.0% during the 1st quarter. Daner Wealth Management LLC now owns 10,434 shares of the company’s stock worth $803,000 after buying an additional 208 shares during the last quarter. Cornerstone Advisory LLC grew its position in shares of Vanguard Core Bond ETF by 4.5% in the 4th quarter. Cornerstone Advisory LLC now owns 5,956 shares of the company’s stock worth $464,000 after acquiring an additional 255 shares in the last quarter. Finally, Raymond James Financial Inc. grew its position in shares of Vanguard Core Bond ETF by 2.1% in the 3rd quarter. Raymond James Financial Inc. now owns 13,733 shares of the company’s stock worth $1,077,000 after acquiring an additional 276 shares in the last quarter.

Vanguard Core Bond ETF Trading Down 0.3%

Shares of NASDAQ VCRB opened at $75.94 on Friday. Vanguard Core Bond ETF has a twelve month low of $75.89 and a twelve month high of $79.18. The business has a 50 day simple moving average of $76.81 and a 200-day simple moving average of $77.48.

Vanguard Core Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.2956 per share. This is a positive change from Vanguard Core Bond ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Wednesday, July 1st.

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