First Citizens Asset Management Inc. Acquires Shares of 445,089 Vanguard Core Bond ETF $VCRB

First Citizens Asset Management Inc. bought a new position in Vanguard Core Bond ETF (NASDAQ:VCRB) during the third quarter, HoldingsChannel.com reports. The fund bought 445,089 shares of the company’s stock, valued at approximately $34,899,000. Vanguard Core Bond ETF makes up about 12.4% of First Citizens Asset Management Inc.’s holdings, making the stock its 3rd largest holding.

A number of other institutional investors have also recently made changes to their positions in the business. Royal Bank of Canada raised its position in Vanguard Core Bond ETF by 116.9% during the first quarter. Royal Bank of Canada now owns 12,966 shares of the company’s stock valued at $1,004,000 after purchasing an additional 6,987 shares during the period. Ameritas Advisory Services LLC bought a new position in shares of Vanguard Core Bond ETF during the 2nd quarter valued at approximately $61,000. Penney Financial LLC purchased a new stake in Vanguard Core Bond ETF during the 2nd quarter valued at $5,728,000. Lansing Street Advisors raised its holdings in Vanguard Core Bond ETF by 10.3% during the 2nd quarter. Lansing Street Advisors now owns 90,738 shares of the company’s stock valued at $7,039,000 after buying an additional 8,464 shares during the period. Finally, AMI Investment Management Inc. bought a new stake in Vanguard Core Bond ETF in the second quarter worth $13,453,000.

Vanguard Core Bond ETF Stock Down 0.5%

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

Vanguard Core Bond ETF Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, February 4th. Investors 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.