Vanguard Core Bond ETF (NASDAQ:VCRB) Announces Dividend Increase – $0.30 Per Share

Vanguard Core Bond ETF (NASDAQ:VCRB) declared a monthly dividend on Tuesday, January 27th. Stockholders of record on Monday, November 2nd will be given a dividend of $0.2956 per share on Wednesday, November 4th. This represents a $3.55 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date is Monday, November 2nd. This is a 1.1% increase from Vanguard Core Bond ETF’s previous monthly dividend of $0.2923.

Vanguard Core Bond ETF Stock Up 0.3%

Shares of VCRB opened at $75.02 on Friday. The stock has a 50 day simple moving average of $74.65 and a two-hundred day simple moving average of $76.61. Vanguard Core Bond ETF has a 1 year low of $73.09 and a 1 year high of $79.13.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Signaturefd LLC purchased a new position in Vanguard Core Bond ETF during the 3rd quarter worth $424,108,000. Advance Capital Management Inc. raised its position in shares of Vanguard Core Bond ETF by 13.1% in the 1st quarter. Advance Capital Management Inc. now owns 3,721,695 shares of the company’s stock valued at $287,985,000 after purchasing an additional 432,345 shares during the last quarter. Bank of New York Mellon Corp grew its position in Vanguard Core Bond ETF by 9,299.4% during the 1st quarter. Bank of New York Mellon Corp now owns 3,446,119 shares of the company’s stock worth $266,661,000 after purchasing an additional 3,409,456 shares during the last quarter. Forvis Mazars Wealth Advisors LLC purchased a new position in shares of Vanguard Core Bond ETF in the third quarter worth $198,358,000. Finally, Bank of America Corp DE increased its position in shares of Vanguard Core Bond ETF by 20.4% in the 1st quarter. Bank of America Corp DE now owns 2,425,547 shares of the company’s stock valued at $187,689,000 after acquiring an additional 411,031 shares during the period.

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.