First Citizens Asset Management Inc. Invests $34.90 Million in Vanguard Core Bond ETF $VCRB

First Citizens Asset Management Inc. acquired a new stake in shares of Vanguard Core Bond ETF (NASDAQ:VCRB) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 445,089 shares of the company’s stock, valued at approximately $34,899,000. Vanguard Core Bond ETF accounts for about 12.4% of First Citizens Asset Management Inc.’s investment portfolio, making the stock its 3rd largest position. First Citizens Asset Management Inc. owned 0.85% of Vanguard Core Bond ETF at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. BLB&B Advisors LLC purchased a new stake in Vanguard Core Bond ETF during the 3rd quarter valued at approximately $53,024,000. Bogart Wealth LLC lifted its holdings in shares of Vanguard Core Bond ETF by 15.0% in the third quarter. Bogart Wealth LLC now owns 56,225 shares of the company’s stock worth $4,409,000 after buying an additional 7,343 shares in the last quarter. Barry Investment Advisors LLC boosted its position in shares of Vanguard Core Bond ETF by 34.3% during the third quarter. Barry Investment Advisors LLC now owns 98,335 shares of the company’s stock worth $7,710,000 after acquiring an additional 25,104 shares during the last quarter. Cornerstone Wealth Group LLC grew its stake in Vanguard Core Bond ETF by 2.8% during the third quarter. Cornerstone Wealth Group LLC now owns 286,434 shares of the company’s stock valued at $22,459,000 after acquiring an additional 7,767 shares in the last quarter. Finally, Investment Planning Advisors Inc. purchased a new position in Vanguard Core Bond ETF during the third quarter valued at $21,524,000.

Vanguard Core Bond ETF Trading Down 0.5%

Shares of VCRB stock opened at $77.81 on Tuesday. The company’s fifty day simple moving average is $78.15 and its two-hundred day simple moving average is $78.11. Vanguard Core Bond ETF has a 52 week low of $75.09 and a 52 week high of $79.18.

Vanguard Core Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd will be issued a dividend of $0.2676 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date is Monday, February 2nd.

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.