Vanguard Core Bond ETF (NASDAQ:VCRB) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Vanguard Core Bond ETF (NASDAQ:VCRB) saw unusually-high trading volume on Tuesday . Approximately 3,470,184 shares were traded during trading, an increase of 979% from the previous session’s volume of 321,705 shares.The stock last traded at $78.30 and had previously closed at $78.20.

Vanguard Core Bond ETF Stock Performance

The company has a fifty day moving average of $78.44 and a two-hundred day moving average of $77.39.

Vanguard Core Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, November 5th. Investors of record on Monday, November 3rd will be given a dividend of $0.2872 per share. This is a positive change from Vanguard Core Bond ETF’s previous monthly dividend of $0.28. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend is Monday, November 3rd.

Institutional Investors Weigh In On Vanguard Core Bond ETF

A number of large investors have recently added to or reduced their stakes in VCRB. Signaturefd LLC acquired a new position in Vanguard Core Bond ETF in the 1st quarter valued at $272,949,000. Assetmark Inc. raised its stake in Vanguard Core Bond ETF by 743.4% in the second quarter. Assetmark Inc. now owns 1,115,767 shares of the company’s stock valued at $86,561,000 after purchasing an additional 983,468 shares in the last quarter. Smith & Howard Wealth Management LLC bought a new stake in Vanguard Core Bond ETF during the second quarter worth about $67,704,000. Orrstown Financial Services Inc. grew its stake in Vanguard Core Bond ETF by 12,662.8% during the third quarter. Orrstown Financial Services Inc. now owns 808,270 shares of the company’s stock worth $63,376,000 after buying an additional 801,937 shares in the last quarter. Finally, BLB&B Advisors LLC bought a new position in Vanguard Core Bond ETF in the 3rd quarter valued at about $53,024,000.

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.