Delta Financial Group Inc. Buys Shares of 3,710 Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Delta Financial Group Inc. purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 3,710 shares of the company’s stock, valued at approximately $302,000.

Other hedge funds have also modified their holdings of the company. Charles Schwab Investment Advisory Inc. boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 4.3% in the first quarter. Charles Schwab Investment Advisory Inc. now owns 54,490,316 shares of the company’s stock worth $4,688,347,000 after purchasing an additional 2,231,681 shares in the last quarter. Meiji Yasuda Life Insurance Co raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 27.7% during the first quarter. Meiji Yasuda Life Insurance Co now owns 17,339,000 shares of the company’s stock valued at $1,491,848,000 after buying an additional 3,759,000 shares during the last quarter. Goldman Sachs Group Inc. raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 16.3% during the second quarter. Goldman Sachs Group Inc. now owns 10,856,427 shares of the company’s stock valued at $857,983,000 after buying an additional 1,525,051 shares during the last quarter. Royal Bank of Canada raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 22.2% during the third quarter. Royal Bank of Canada now owns 10,642,263 shares of the company’s stock valued at $808,597,000 after buying an additional 1,933,732 shares during the last quarter. Finally, LPL Financial LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.8% during the third quarter. LPL Financial LLC now owns 10,439,091 shares of the company’s stock valued at $793,162,000 after buying an additional 385,801 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.1 %

Shares of VCIT traded down $0.05 during trading hours on Friday, reaching $80.51. 8,503,203 shares of the company traded hands, compared to its average volume of 8,524,387. The stock’s fifty day moving average is $80.16 and its 200 day moving average is $78.58. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $73.78 and a 1-year high of $81.65.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 6th. Investors of record on Monday, March 4th were given a $0.2732 dividend. This represents a $3.28 annualized dividend and a yield of 4.07%. The ex-dividend date of this dividend was Friday, March 1st.

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.