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

Shares of Vanguard Core Bond ETF (NASDAQ:VCRB) reached a new 52-week high on Wednesday . The company traded as high as $79.18 and last traded at $79.09, with a volume of 275390 shares changing hands. The stock had previously closed at $79.01.

Vanguard Core Bond ETF Stock Up 0.1%

The stock has a fifty day moving average price of $78.20 and a two-hundred day moving average price of $77.22.

Vanguard Core Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were issued a $0.2812 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Wednesday, October 1st.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of VCRB. IFP Advisors Inc bought a new position in shares of Vanguard Core Bond ETF in the first quarter valued at approximately $26,000. Hazlett Burt & Watson Inc. bought a new position in shares of Vanguard Core Bond ETF in the second quarter valued at approximately $26,000. Spire Wealth Management bought a new position in shares of Vanguard Core Bond ETF in the first quarter valued at approximately $31,000. Mid American Wealth Advisory Group Inc. bought a new position in shares of Vanguard Core Bond ETF in the second quarter valued at approximately $31,000. Finally, Farther Finance Advisors LLC bought a new position in shares of Vanguard Core Bond ETF in the third quarter valued at approximately $51,000.

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.