Lincoln Capital Corp Acquires New Stake in Vanguard Core Tax-Exempt Bond ETF $VCRM

Lincoln Capital Corp bought a new stake in shares of Vanguard Core Tax-Exempt Bond ETF (BATS:VCRM) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 49,854 shares of the company’s stock, valued at approximately $3,568,000. Vanguard Core Tax-Exempt Bond ETF comprises approximately 1.2% of Lincoln Capital Corp’s portfolio, making the stock its 25th largest holding.

Several other institutional investors also recently bought and sold shares of the company. Cherry Tree Wealth Management LLC purchased a new position in Vanguard Core Tax-Exempt Bond ETF during the 2nd quarter worth $422,000. FC Advisory LLC purchased a new stake in Vanguard Core Tax-Exempt Bond ETF in the third quarter valued at about $473,000. Sequoia Financial Advisors LLC boosted its holdings in Vanguard Core Tax-Exempt Bond ETF by 1.9% in the second quarter. Sequoia Financial Advisors LLC now owns 8,222 shares of the company’s stock worth $628,000 after acquiring an additional 154 shares in the last quarter. Wedmont Private Capital acquired a new stake in Vanguard Core Tax-Exempt Bond ETF in the 3rd quarter worth approximately $1,080,000. Finally, Sprinkle Financial Consultants LLC grew its holdings in shares of Vanguard Core Tax-Exempt Bond ETF by 59.1% during the third quarter. Sprinkle Financial Consultants LLC now owns 21,307 shares of the company’s stock valued at $1,525,000 after buying an additional 7,912 shares during the last quarter.

Vanguard Core Tax-Exempt Bond ETF Stock Up 0.6%

Vanguard Core Tax-Exempt Bond ETF stock traded up $0.41 during trading hours on Tuesday, hitting $72.14. 2,827,829 shares of the stock traded hands, compared to its average volume of 377,407. The firm’s 50 day moving average price is $73.55 and its 200-day moving average price is $74.92. Vanguard Core Tax-Exempt Bond ETF has a 1 year low of $70.85 and a 1 year high of $77.05.

About Vanguard Core Tax-Exempt Bond ETF

The Vanguard Core Tax-Exempt Bond ETF (VCRM) is an exchange-traded fund that mostly invests in broad credit fixed income. VCRM.L is an actively managed portfolio of USD-denominated tax-exempt municipal bonds with a weighted average maturity of 8 to 20 years. The fund may hold up to 20% in below investment-grade bonds VCRM was launched on Nov 19, 2024 and is issued by Vanguard.