Vanguard Core Bond ETF (NASDAQ:VCRB) Plans Dividend Increase – $0.29 Per Share

Vanguard Core Bond ETF (NASDAQ:VCRB) declared a dividend on Wednesday, April 29th, NASDAQ Dividends reports. Shareholders of record on Friday, May 1st will be given a dividend of 0.2865 per share on Tuesday, May 5th. The ex-dividend date of this dividend is Friday, May 1st. This is a 9.6% increase from Vanguard Core Bond ETF’s previous dividend of $0.26.

Vanguard Core Bond ETF Stock Performance

VCRB traded down $0.14 during trading on Friday, reaching $77.14. 193,821 shares of the company’s stock were exchanged, compared to its average volume of 540,396. Vanguard Core Bond ETF has a 1 year low of $75.58 and a 1 year high of $79.18. The company’s fifty day simple moving average is $77.71 and its 200-day simple moving average is $78.11.

Institutional Investors Weigh In On Vanguard Core Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Kestra Advisory Services LLC boosted its stake in Vanguard Core Bond ETF by 363.9% during the 1st quarter. Kestra Advisory Services LLC now owns 6,921 shares of the company’s stock worth $536,000 after purchasing an additional 5,429 shares during the last quarter. Montag A & Associates Inc. boosted its stake in Vanguard Core Bond ETF by 27.5% during the 1st quarter. Montag A & Associates Inc. now owns 6,016 shares of the company’s stock worth $466,000 after purchasing an additional 1,296 shares during the last quarter. Nicholas Hoffman & Company LLC. boosted its stake in Vanguard Core Bond ETF by 13.9% during the 1st quarter. Nicholas Hoffman & Company LLC. now owns 51,674 shares of the company’s stock worth $3,999,000 after purchasing an additional 6,292 shares during the last quarter. Advance Capital Management Inc. boosted its stake in Vanguard Core Bond ETF by 13.1% during the 1st quarter. Advance Capital Management Inc. now owns 3,721,695 shares of the company’s stock worth $287,985,000 after purchasing an additional 432,345 shares during the last quarter. Finally, Bogart Wealth LLC boosted its stake in Vanguard Core Bond ETF by 8.4% during the 1st quarter. Bogart Wealth LLC now owns 65,565 shares of the company’s stock worth $5,073,000 after purchasing an additional 5,092 shares during the last quarter.

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.