Vanguard Group Inc. Buys 999,954 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Vanguard Group Inc. lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 6,631.0% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,015,034 shares of the company’s stock after purchasing an additional 999,954 shares during the period. Vanguard Group Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $85,009,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Richards Merrill & Peterson Inc. bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth approximately $30,000. Chapman Financial Group LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter worth approximately $31,000. United Financial Planning Group LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth approximately $34,000. Abich Financial Wealth Management LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth approximately $35,000. Finally, Founders Financial Alliance LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth approximately $45,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.1%

Shares of NASDAQ:VCIT opened at $82.56 on Thursday. The firm’s 50 day moving average price is $82.95 and its 200-day moving average price is $83.63. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $80.42 and a twelve month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st were paid a dividend of $0.3262 per share. The ex-dividend date was Friday, May 1st. 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.