Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Acquired by Gunma Bank Ltd.

Gunma Bank Ltd. lifted its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 47.6% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 186,000 shares of the company’s stock after buying an additional 60,000 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 4.9% of Gunma Bank Ltd.’s investment portfolio, making the stock its 8th biggest holding. Gunma Bank Ltd.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $15,644,000 as of its most recent SEC filing.

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

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.0%

VCIT opened at $83.87 on Monday. The stock has a 50-day moving average of $83.85 and a 200-day moving average of $83.81. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $78.66 and a 52-week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

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

Vanguard Intermediate-Term Corporate Bond ETF Company Profile

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.