Madrid Wealth Management LLC Makes New Investment in Vanguard Core Bond ETF $VCRB

Madrid Wealth Management LLC bought a new position in shares of Vanguard Core Bond ETF (NASDAQ:VCRB) during the fourth quarter, HoldingsChannel reports. The firm bought 119,895 shares of the company’s stock, valued at approximately $9,339,000. Vanguard Core Bond ETF makes up approximately 7.6% of Madrid Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest position.

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

Vanguard Core Bond ETF Price Performance

Shares of Vanguard Core Bond ETF stock opened at $77.28 on Friday. Vanguard Core Bond ETF has a 52-week low of $75.58 and a 52-week high of $79.18. The company’s fifty day moving average price is $77.71 and its two-hundred day moving average price is $78.11.

Vanguard Core Bond ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st will be paid a $0.2865 dividend. The ex-dividend date is Friday, May 1st. This is an increase from Vanguard Core Bond ETF’s previous dividend of $0.26.

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.