Atlantic Union Bankshares Corp Purchases 13,354 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Atlantic Union Bankshares Corp lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 19.5% during the third quarter, Holdings Channel.com reports. The institutional investor owned 81,750 shares of the company’s stock after acquiring an additional 13,354 shares during the quarter. Atlantic Union Bankshares Corp’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $6,876,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 67.6% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 23,827 shares of the company’s stock valued at $2,004,000 after purchasing an additional 9,607 shares during the last quarter. Cordant Inc. grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.8% during the 3rd quarter. Cordant Inc. now owns 174,275 shares of the company’s stock worth $14,658,000 after buying an additional 6,300 shares during the last quarter. Bishop & Co Investment Management LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 7.0% during the 3rd quarter. Bishop & Co Investment Management LLC now owns 479,730 shares of the company’s stock worth $40,350,000 after buying an additional 31,395 shares during the last quarter. Global Retirement Partners LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at about $10,304,000. Finally, B. Riley Wealth Advisors Inc. purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at about $935,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCIT opened at $83.52 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $78.66 and a fifty-two week high of $84.84. The business has a 50-day simple moving average of $83.92 and a two-hundred day simple moving average of $83.78.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd will be paid a dividend of $0.33 per share. The ex-dividend date is Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.7%.

About Vanguard Intermediate-Term Corporate Bond ETF

Vanguard Intermediate-Term Corporate Bond ETF seeks to track the performance of the Barclays Capital U.S. 5-10 Year Corporate Bond Index, a subset of the Barclays Capital U.S. Aggregate Float Adjusted Index. The Barclays Capital U.S. 5-10 Year Corporate Bond Index measures the investment return of U.S. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.