SVB Wealth LLC Buys 69,123 Shares of Vanguard Core Bond ETF $VCRB

SVB Wealth LLC boosted its stake in Vanguard Core Bond ETF (NASDAQ:VCRB) by 33.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 275,274 shares of the company’s stock after acquiring an additional 69,123 shares during the period. Vanguard Core Bond ETF accounts for about 1.3% of SVB Wealth LLC’s holdings, making the stock its 17th biggest position. SVB Wealth LLC’s holdings in Vanguard Core Bond ETF were worth $21,442,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in VCRB. Royal Bank of Canada raised its position in Vanguard Core Bond ETF by 116.9% in the first quarter. Royal Bank of Canada now owns 12,966 shares of the company’s stock worth $1,004,000 after acquiring an additional 6,987 shares during the period. Brown Advisory Inc. bought a new stake in shares of Vanguard Core Bond ETF in the second quarter valued at approximately $794,000. NewEdge Advisors LLC raised its position in shares of Vanguard Core Bond ETF by 7.8% in the second quarter. NewEdge Advisors LLC now owns 30,300 shares of the company’s stock valued at $2,351,000 after purchasing an additional 2,198 shares during the period. Jane Street Group LLC bought a new stake in shares of Vanguard Core Bond ETF in the second quarter valued at approximately $24,630,000. Finally, Bank of America Corp DE raised its position in shares of Vanguard Core Bond ETF by 237.9% in the second quarter. Bank of America Corp DE now owns 704,242 shares of the company’s stock valued at $54,635,000 after purchasing an additional 495,833 shares during the period.

Vanguard Core Bond ETF Price Performance

NASDAQ VCRB opened at $77.33 on Monday. The company’s 50 day moving average is $77.61 and its 200-day moving average is $78.06. Vanguard Core Bond ETF has a 12-month low of $75.58 and a 12-month high of $79.18.

Vanguard Core Bond ETF Increases Dividend

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

Vanguard Core Bond ETF Company Profile

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.