First Citizens Asset Management Inc. Raises Stake in Vanguard Core Bond ETF $VCRB

First Citizens Asset Management Inc. lifted its position in Vanguard Core Bond ETF (NASDAQ:VCRB) by 1.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 452,560 shares of the company’s stock after acquiring an additional 7,471 shares during the period. Vanguard Core Bond ETF comprises about 12.3% of First Citizens Asset Management Inc.’s investment portfolio, making the stock its 3rd biggest holding. First Citizens Asset Management Inc.’s holdings in Vanguard Core Bond ETF were worth $35,252,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VCRB. BLB&B Advisors LLC purchased a new position in Vanguard Core Bond ETF during the third quarter valued at approximately $53,024,000. Assetmark Inc. raised its position in Vanguard Core Bond ETF by 16.3% during the third quarter. Assetmark Inc. now owns 1,297,448 shares of the company’s stock valued at $101,733,000 after acquiring an additional 181,681 shares in the last quarter. AJ Advisors LLC increased its position in shares of Vanguard Core Bond ETF by 7.4% in the fourth quarter. AJ Advisors LLC now owns 138,450 shares of the company’s stock valued at $10,785,000 after buying an additional 9,544 shares in the last quarter. Emergent Wealth Advisors LLC purchased a new stake in shares of Vanguard Core Bond ETF in the fourth quarter valued at approximately $1,044,000. Finally, Essex LLC increased its position in shares of Vanguard Core Bond ETF by 36.9% in the fourth quarter. Essex LLC now owns 423,703 shares of the company’s stock valued at $33,004,000 after buying an additional 114,140 shares in the last quarter.

Vanguard Core Bond ETF Stock Performance

Vanguard Core Bond ETF stock opened at $76.53 on Monday. Vanguard Core Bond ETF has a 12 month low of $75.58 and a 12 month high of $79.18. The business has a 50 day simple moving average of $77.40 and a 200-day simple moving average of $77.98.

Vanguard Core Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were given a $0.2865 dividend. This is a boost from Vanguard Core Bond ETF’s previous dividend of $0.26. The ex-dividend date was Friday, May 1st.

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.