Vanguard Core Tax-Exempt Bond ETF (BATS:VCRM) Stock to Pay Monthly Dividend of $0.21

Vanguard Core Tax-Exempt Bond ETF (BATS:VCRM) declared a monthly dividend on Wednesday, January 28th. Stockholders of record on Monday, November 2nd will be paid a dividend of $0.2132 per share on Wednesday, November 4th. This represents a $2.56 annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Monday, November 2nd. This is a 0.2% decrease from Vanguard Core Tax-Exempt Bond ETF’s previous monthly dividend of $0.2137.

Vanguard Core Tax-Exempt Bond ETF Trading Up 0.4%

Shares of BATS:VCRM opened at $74.00 on Friday. The company has a fifty day moving average of $73.00 and a 200-day moving average of $75.05. Vanguard Core Tax-Exempt Bond ETF has a 52-week low of $70.85 and a 52-week high of $77.05.

Institutional Investors Weigh In On Vanguard Core Tax-Exempt Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of VCRM. Mills Wealth Advisors LLC increased its stake in shares of Vanguard Core Tax-Exempt Bond ETF by 36.9% in the third quarter. Mills Wealth Advisors LLC now owns 617,357 shares of the company’s stock valued at $44,184,000 after buying an additional 166,523 shares during the period. Aprio Wealth Management LLC boosted its position in Vanguard Core Tax-Exempt Bond ETF by 2.5% during the 3rd quarter. Aprio Wealth Management LLC now owns 585,912 shares of the company’s stock worth $41,934,000 after buying an additional 14,205 shares during the period. Sage Financial Group Inc. bought a new stake in Vanguard Core Tax-Exempt Bond ETF during the 3rd quarter worth approximately $20,302,000. Mallini Complete Financial Planning LLC grew its holdings in Vanguard Core Tax-Exempt Bond ETF by 29.5% during the 3rd quarter. Mallini Complete Financial Planning LLC now owns 170,666 shares of the company’s stock worth $12,215,000 after acquiring an additional 38,890 shares during the last quarter. Finally, Keystone Financial Group Inc. increased its position in Vanguard Core Tax-Exempt Bond ETF by 27.2% in the 3rd quarter. Keystone Financial Group Inc. now owns 138,762 shares of the company’s stock valued at $9,931,000 after acquiring an additional 29,658 shares during the period.

About Vanguard Core Tax-Exempt Bond ETF

The Vanguard Core Tax-Exempt Bond ETF (VCRM) is an exchange-traded fund that mostly invests in broad credit fixed income. VCRM.L is an actively managed portfolio of USD-denominated tax-exempt municipal bonds with a weighted average maturity of 8 to 20 years. The fund may hold up to 20% in below investment-grade bonds VCRM was launched on Nov 19, 2024 and is issued by Vanguard.