Essex Financial Services Inc. Boosts Stock Position in Vanguard Core Bond ETF (NASDAQ:VCRB)

Essex Financial Services Inc. raised its stake in shares of Vanguard Core Bond ETF (NASDAQ:VCRB) by 13.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 6,020 shares of the company’s stock after buying an additional 715 shares during the quarter. Essex Financial Services Inc.’s holdings in Vanguard Core Bond ETF were worth $456,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Keystone Financial Group Inc. bought a new position in shares of Vanguard Core Bond ETF during the fourth quarter valued at $89,000. LRI Investments LLC grew its position in Vanguard Core Bond ETF by 14.2% during the 3rd quarter. LRI Investments LLC now owns 1,307 shares of the company’s stock valued at $100,000 after purchasing an additional 163 shares during the last quarter. Baker Boyer National Bank bought a new stake in Vanguard Core Bond ETF during the 4th quarter valued at about $247,000. Breakwater Investment Management purchased a new position in Vanguard Core Bond ETF in the fourth quarter worth about $463,000. Finally, Proffitt & Goodson Inc. lifted its stake in shares of Vanguard Core Bond ETF by 216.1% in the third quarter. Proffitt & Goodson Inc. now owns 6,285 shares of the company’s stock worth $498,000 after buying an additional 4,297 shares in the last quarter.

Vanguard Core Bond ETF Trading Down 0.5 %

NASDAQ:VCRB opened at $75.78 on Thursday. Vanguard Core Bond ETF has a 52 week low of $74.22 and a 52 week high of $79.86. The company’s 50 day moving average price is $75.88 and its 200-day moving average price is $76.40.

Vanguard Core Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued a $0.301 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.