Proffitt & Goodson Inc. Purchases New Position in Vanguard Core Bond ETF (NASDAQ:VCRB)

Proffitt & Goodson Inc. acquired a new position in Vanguard Core Bond ETF (NASDAQ:VCRB) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,988 shares of the company’s stock, valued at approximately $151,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VCRB. Olistico Wealth LLC bought a new stake in shares of Vanguard Core Bond ETF in the second quarter worth approximately $43,000. LRI Investments LLC bought a new stake in Vanguard Core Bond ETF in the 1st quarter worth approximately $47,000. Mendota Financial Group LLC purchased a new stake in Vanguard Core Bond ETF during the 1st quarter valued at $81,000. Dentgroup LLC bought a new position in shares of Vanguard Core Bond ETF during the 1st quarter valued at $207,000. Finally, Pasadena Private Wealth LLC purchased a new position in shares of Vanguard Core Bond ETF in the 1st quarter worth $214,000.

Vanguard Core Bond ETF Stock Performance

Shares of VCRB traded down $0.30 during trading hours on Thursday, hitting $78.54. The stock had a trading volume of 77,228 shares, compared to its average volume of 56,741. Vanguard Core Bond ETF has a 12 month low of $74.22 and a 12 month high of $79.58. The stock has a fifty day moving average price of $77.69 and a 200 day moving average price of $76.63.

Vanguard Core Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, August 5th. Shareholders of record on Thursday, August 1st were paid a dividend of $0.2836 per share. This is an increase from Vanguard Core Bond ETF’s previous monthly dividend of $0.13. This represents a $3.40 dividend on an annualized basis and a dividend yield of 4.33%. The ex-dividend date of this dividend was Thursday, August 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.