Vanguard Core Bond ETF (NASDAQ:VCRB) Sees Large Drop in Short Interest

Vanguard Core Bond ETF (NASDAQ:VCRB) was the target of a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 36,500 shares, a decline of 26.4% from the October 31st total of 49,600 shares. Based on an average daily volume of 225,100 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VCRB. LRI Investments LLC grew its stake in shares of Vanguard Core Bond ETF by 14.2% in the third quarter. LRI Investments LLC now owns 1,307 shares of the company’s stock worth $100,000 after acquiring an additional 163 shares during the last quarter. Olistico Wealth LLC bought a new stake in Vanguard Core Bond ETF during the 2nd quarter valued at about $43,000. Pasadena Private Wealth LLC lifted its stake in shares of Vanguard Core Bond ETF by 22.1% in the second quarter. Pasadena Private Wealth LLC now owns 3,414 shares of the company’s stock worth $260,000 after buying an additional 618 shares in the last quarter. HighTower Advisors LLC lifted its stake in shares of Vanguard Core Bond ETF by 2.0% in the third quarter. HighTower Advisors LLC now owns 37,659 shares of the company’s stock worth $2,984,000 after buying an additional 747 shares in the last quarter. Finally, Essex Financial Services Inc. grew its holdings in shares of Vanguard Core Bond ETF by 45.7% during the second quarter. Essex Financial Services Inc. now owns 5,055 shares of the company’s stock valued at $384,000 after buying an additional 1,585 shares during the last quarter.

Vanguard Core Bond ETF Price Performance

Shares of NASDAQ:VCRB opened at $77.68 on Friday. Vanguard Core Bond ETF has a one year low of $74.22 and a one year high of $79.86. The company’s fifty day moving average price is $76.96 and its 200-day moving average price is $78.09.

Vanguard Core Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a $0.2875 dividend. The ex-dividend date was Friday, November 1st. This is an increase from Vanguard Core Bond ETF’s previous dividend of $0.28.

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.