Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Purchased by Penserra Capital Management LLC

Penserra Capital Management LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 16.0% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 369,480 shares of the company’s stock after purchasing an additional 50,976 shares during the period. Penserra Capital Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $31,076,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Caldwell Trust Co purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth $25,000. Aspect Partners LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth about $28,000. Chapman Financial Group LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth about $31,000. NewSquare Capital LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at about $33,000. Finally, Delos Wealth Advisors LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at about $37,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.0%

Shares of NASDAQ:VCIT opened at $83.54 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $78.66 and a 1 year high of $84.84. The firm’s 50-day moving average is $83.90 and its two-hundred day moving average is $83.78.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

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

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.