Coppell Advisory Solutions LLC Takes $1.83 Million Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Coppell Advisory Solutions LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 22,171 shares of the company’s stock, valued at approximately $1,832,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 107.9% in the fourth quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock worth $716,000 after purchasing an additional 4,627 shares in the last quarter. Daiwa Securities Group Inc. lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.4% during the 2nd quarter. Daiwa Securities Group Inc. now owns 54,690 shares of the company’s stock valued at $4,535,000 after buying an additional 2,300 shares in the last quarter. Qube Research & Technologies Ltd lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 67.1% during the 2nd quarter. Qube Research & Technologies Ltd now owns 298,502 shares of the company’s stock valued at $24,752,000 after buying an additional 119,837 shares in the last quarter. Squarepoint Ops LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 347.4% in the 2nd quarter. Squarepoint Ops LLC now owns 15,132 shares of the company’s stock worth $1,255,000 after buying an additional 11,750 shares during the period. Finally, Main Street Financial Solutions LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 8.6% in the 2nd quarter. Main Street Financial Solutions LLC now owns 18,100 shares of the company’s stock worth $1,501,000 after buying an additional 1,433 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.1%

Shares of VCIT stock opened at $80.46 on Thursday. The stock has a fifty day simple moving average of $81.56 and a two-hundred day simple moving average of $82.46. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $80.38 and a 52-week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Tuesday, September 1st will be paid a $0.3401 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%.

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.