Magnolia Wealth Management LLC Acquires 73,569 Shares of Vanguard Core Bond ETF $VCRB

Magnolia Wealth Management LLC raised its holdings in Vanguard Core Bond ETF (NASDAQ:VCRB) by 11.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 716,770 shares of the company’s stock after purchasing an additional 73,569 shares during the quarter. Vanguard Core Bond ETF accounts for approximately 29.0% of Magnolia Wealth Management LLC’s investment portfolio, making the stock its 2nd biggest position. Magnolia Wealth Management LLC’s holdings in Vanguard Core Bond ETF were worth $55,358,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of VCRB. HBK Sorce Advisory LLC boosted its stake in Vanguard Core Bond ETF by 7.3% in the fourth quarter. HBK Sorce Advisory LLC now owns 9,274,753 shares of the company’s stock valued at $724,692,000 after buying an additional 631,969 shares in the last quarter. Advance Capital Management Inc. raised its stake in Vanguard Core Bond ETF by 13.1% during the first quarter. Advance Capital Management Inc. now owns 3,721,695 shares of the company’s stock worth $287,985,000 after acquiring an additional 432,345 shares in the last quarter. Bank of New York Mellon Corp raised its stake in Vanguard Core Bond ETF by 9,299.4% during the first quarter. Bank of New York Mellon Corp now owns 3,446,119 shares of the company’s stock worth $266,661,000 after acquiring an additional 3,409,456 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Vanguard Core Bond ETF by 20.4% in the first quarter. Bank of America Corp DE now owns 2,425,547 shares of the company’s stock worth $187,689,000 after acquiring an additional 411,031 shares during the last quarter. Finally, Assetmark Inc. lifted its holdings in shares of Vanguard Core Bond ETF by 1.8% in the first quarter. Assetmark Inc. now owns 1,384,876 shares of the company’s stock worth $107,162,000 after acquiring an additional 24,268 shares during the last quarter.

Vanguard Core Bond ETF Stock Performance

VCRB opened at $75.60 on Friday. The company’s 50 day moving average is $76.23 and its 200-day moving average is $77.02. Vanguard Core Bond ETF has a 1-year low of $75.40 and a 1-year high of $79.18.

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.