Grand Wealth Management LLC Has $3.24 Million Holdings in Vanguard Core Bond ETF (NASDAQ:VCRB)

Grand Wealth Management LLC raised its stake in Vanguard Core Bond ETF (NASDAQ:VCRB) by 33.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 42,671 shares of the company’s stock after buying an additional 10,584 shares during the quarter. Vanguard Core Bond ETF accounts for about 1.8% of Grand Wealth Management LLC’s portfolio, making the stock its 14th largest position. Grand Wealth Management LLC owned approximately 0.22% of Vanguard Core Bond ETF worth $3,235,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in VCRB. Transcendent Capital Group LLC bought a new stake in shares of Vanguard Core Bond ETF in the 4th quarter valued at about $41,000. Keystone Financial Group Inc. bought a new stake in Vanguard Core Bond ETF in the fourth quarter valued at approximately $89,000. Marshall Investment Management LLC acquired a new stake in Vanguard Core Bond ETF in the fourth quarter worth $89,000. LRI Investments LLC boosted its position in shares of Vanguard Core Bond ETF by 14.2% during the third quarter. LRI Investments LLC now owns 1,307 shares of the company’s stock worth $100,000 after purchasing an additional 163 shares in the last quarter. Finally, Tucker Asset Management LLC acquired a new position in shares of Vanguard Core Bond ETF in the 4th quarter valued at $101,000.

Vanguard Core Bond ETF Stock Performance

VCRB opened at $77.35 on Thursday. Vanguard Core Bond ETF has a 12 month low of $74.22 and a 12 month high of $79.86. The company has a fifty day simple moving average of $77.21 and a 200 day simple moving average of $76.41.

Vanguard Core Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st will be given a dividend of $0.2699 per share. This represents a $3.24 dividend on an annualized basis and a dividend yield of 4.19%. The ex-dividend date of this dividend is Tuesday, April 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.