Vanguard Core Bond ETF (NASDAQ:VCRB) Sees Large Increase in Short Interest

Vanguard Core Bond ETF (NASDAQ:VCRB) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 151,264 shares, a growth of 123.3% from the June 15th total of 67,735 shares. Based on an average daily trading volume, of 435,883 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Trading of Vanguard Core Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Geneos Wealth Management Inc. grew its position in shares of Vanguard Core Bond ETF by 760.0% during the 4th quarter. Geneos Wealth Management Inc. now owns 430 shares of the company’s stock valued at $33,000 after buying an additional 380 shares during the last quarter. CWM LLC bought a new position in Vanguard Core Bond ETF in the fourth quarter worth about $46,000. Steward Partners Investment Advisory LLC acquired a new position in Vanguard Core Bond ETF in the fourth quarter valued at approximately $50,000. Creative Financial Designs Inc. ADV acquired a new position in Vanguard Core Bond ETF in the fourth quarter valued at approximately $50,000. Finally, Capital Investment Advisory Services LLC grew its holdings in shares of Vanguard Core Bond ETF by 459.1% during the fourth quarter. Capital Investment Advisory Services LLC now owns 738 shares of the company’s stock valued at $58,000 after purchasing an additional 606 shares during the last quarter.

Vanguard Core Bond ETF Price Performance

Shares of NASDAQ VCRB traded up $0.15 during trading on Wednesday, reaching $76.55. The stock had a trading volume of 55,854 shares, compared to its average volume of 548,660. Vanguard Core Bond ETF has a one year low of $76.13 and a one year high of $79.18. The firm’s 50 day moving average price is $76.92 and its two-hundred day moving average price is $77.56.

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 paid a dividend of $0.2956 per share. The ex-dividend date was Wednesday, July 1st. This is a positive change from Vanguard Core Bond ETF’s previous dividend of $0.29.

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.