GatePass Capital LLC Buys New Stake in Vanguard Core Bond ETF $VCRB

GatePass Capital LLC purchased a new position in Vanguard Core Bond ETF (NASDAQ:VCRB) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 36,605 shares of the company’s stock, valued at approximately $2,851,000. Vanguard Core Bond ETF makes up 1.5% of GatePass Capital LLC’s investment portfolio, making the stock its 15th largest holding. GatePass Capital LLC owned approximately 0.06% of Vanguard Core Bond ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. HBK Sorce Advisory LLC grew its stake in shares of Vanguard Core Bond ETF by 7.3% in the 4th quarter. HBK Sorce Advisory LLC now owns 9,274,753 shares of the company’s stock valued at $724,692,000 after purchasing an additional 631,969 shares during the period. Twin Cities Retirement Group LLC acquired a new position in Vanguard Core Bond ETF during the fourth quarter worth $568,000. CFO4Life Group LLC raised its stake in Vanguard Core Bond ETF by 2.1% during the fourth quarter. CFO4Life Group LLC now owns 163,312 shares of the company’s stock worth $12,721,000 after acquiring an additional 3,382 shares in the last quarter. Axxcess Wealth Management LLC lifted its holdings in shares of Vanguard Core Bond ETF by 21.7% during the fourth quarter. Axxcess Wealth Management LLC now owns 35,884 shares of the company’s stock valued at $2,795,000 after acquiring an additional 6,403 shares during the period. Finally, Keystone Financial Group lifted its holdings in shares of Vanguard Core Bond ETF by 276.2% during the fourth quarter. Keystone Financial Group now owns 23,921 shares of the company’s stock valued at $1,863,000 after acquiring an additional 17,563 shares during the period.

Vanguard Core Bond ETF Stock Performance

Shares of NASDAQ:VCRB opened at $76.80 on Tuesday. The company’s fifty day moving average is $77.24 and its 200-day moving average is $77.89. Vanguard Core Bond ETF has a 52 week low of $75.96 and a 52 week high of $79.18.

Vanguard Core Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were issued a dividend of $0.2865 per share. The ex-dividend date of this dividend was Friday, May 1st. This is an increase from Vanguard Core Bond ETF’s previous dividend of $0.26.

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.