Bank of New York Mellon Corp Purchases 3,409,456 Shares of Vanguard Core Bond ETF $VCRB

Bank of New York Mellon Corp increased its holdings in shares of Vanguard Core Bond ETF (NASDAQ:VCRB) by 9,299.4% in the 1st quarter, HoldingsChannel.com reports. The firm owned 3,446,119 shares of the company’s stock after acquiring an additional 3,409,456 shares during the period. Bank of New York Mellon Corp’s holdings in Vanguard Core Bond ETF were worth $266,661,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Geneos Wealth Management Inc. boosted its stake in shares of Vanguard Core Bond ETF by 760.0% during the 4th quarter. Geneos Wealth Management Inc. now owns 430 shares of the company’s stock worth $33,000 after buying an additional 380 shares during the last quarter. CWM LLC acquired a new stake in shares of Vanguard Core Bond ETF in the 4th quarter valued at approximately $46,000. Creative Financial Designs Inc. ADV bought a new position in shares of Vanguard Core Bond ETF in the fourth quarter valued at $50,000. Steward Partners Investment Advisory LLC bought a new position in shares of Vanguard Core Bond ETF in the fourth quarter valued at $50,000. Finally, Capital Investment Advisory Services LLC increased its holdings in Vanguard Core Bond ETF by 459.1% during the fourth quarter. Capital Investment Advisory Services LLC now owns 738 shares of the company’s stock worth $58,000 after buying an additional 606 shares during the last quarter.

Vanguard Core Bond ETF Stock Performance

Shares of VCRB opened at $76.58 on Friday. The company’s fifty day simple moving average is $76.88 and its 200 day simple moving average is $77.53. Vanguard Core Bond ETF has a 1-year low of $76.13 and a 1-year high of $79.18.

Vanguard Core Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were paid a dividend of $0.2956 per share. The ex-dividend date was Wednesday, July 1st. This is a boost from Vanguard Core Bond ETF’s previous dividend of $0.29.

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.