Palouse Capital Management Inc. Sells 5,253 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Palouse Capital Management Inc. lessened its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 8.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 54,035 shares of the company’s stock after selling 5,253 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for 3.1% of Palouse Capital Management Inc.’s investment portfolio, making the stock its 4th biggest position. Palouse Capital Management Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,392,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Prudential PLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 81.9% in the third quarter. Prudential PLC now owns 9,778,515 shares of the company’s stock worth $742,972,000 after acquiring an additional 4,402,033 shares in the last quarter. Meiji Yasuda Life Insurance Co lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 27.7% in the first quarter. Meiji Yasuda Life Insurance Co now owns 17,339,000 shares of the company’s stock worth $1,491,848,000 after acquiring an additional 3,759,000 shares in the last quarter. Johns Hopkins University acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth about $246,285,000. Moneta Group Investment Advisors LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 81,144.2% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 2,995,472 shares of the company’s stock worth $232,179,000 after acquiring an additional 2,991,785 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 46,962.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,943,274 shares of the company’s stock worth $223,630,000 after acquiring an additional 2,937,020 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.1 %

Shares of NASDAQ:VCIT traded up $0.09 during trading on Friday, hitting $78.24. The company’s stock had a trading volume of 9,366,433 shares, compared to its average volume of 8,131,372. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $73.78 and a fifty-two week high of $81.65. The stock’s 50-day moving average price is $79.70 and its two-hundred day moving average price is $78.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were paid a $0.2944 dividend. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.28. The ex-dividend date was Monday, April 1st.

Vanguard Intermediate-Term Corporate Bond ETF 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.