AMI Investment Management Inc. Takes $13.45 Million Position in Vanguard Core Bond ETF $VCRB

AMI Investment Management Inc. bought a new stake in shares of Vanguard Core Bond ETF (NASDAQ:VCRB) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 173,405 shares of the company’s stock, valued at approximately $13,453,000. Vanguard Core Bond ETF accounts for approximately 3.5% of AMI Investment Management Inc.’s investment portfolio, making the stock its 7th biggest position. AMI Investment Management Inc. owned about 0.43% of Vanguard Core Bond ETF at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. IFP Advisors Inc bought a new stake in Vanguard Core Bond ETF during the 1st quarter valued at approximately $26,000. Spire Wealth Management bought a new stake in Vanguard Core Bond ETF during the 1st quarter valued at approximately $31,000. Ameritas Advisory Services LLC bought a new stake in Vanguard Core Bond ETF during the 2nd quarter valued at approximately $61,000. Continuum Advisory LLC bought a new stake in Vanguard Core Bond ETF during the 1st quarter valued at approximately $74,000. Finally, AdvisorNet Financial Inc raised its stake in Vanguard Core Bond ETF by 194.6% during the 2nd quarter. AdvisorNet Financial Inc now owns 1,305 shares of the company’s stock valued at $101,000 after purchasing an additional 862 shares during the period.

Vanguard Core Bond ETF Price Performance

Shares of VCRB opened at $78.28 on Thursday. The business’s 50 day moving average is $77.98 and its 200 day moving average is $77.06. Vanguard Core Bond ETF has a 12-month low of $74.82 and a 12-month high of $78.97.

Vanguard Core Bond ETF Cuts Dividend

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