Bessemer Group Inc. Has $31.68 Million Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Bessemer Group Inc. cut its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 14.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 387,435 shares of the company’s stock after selling 63,347 shares during the period. Bessemer Group Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $31,677,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Greenspring Advisors LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 1.7% in the first quarter. Greenspring Advisors LLC now owns 7,600 shares of the company’s stock worth $621,000 after purchasing an additional 126 shares in the last quarter. Diversified Portfolios Inc. raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.6% in the first quarter. Diversified Portfolios Inc. now owns 23,221 shares of the company’s stock valued at $1,899,000 after buying an additional 131 shares during the last quarter. Vaughan Nelson Investment Management L.P. lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 2.7% during the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 5,050 shares of the company’s stock worth $413,000 after buying an additional 135 shares in the last quarter. Petra Financial Advisors Inc. lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 0.7% during the 4th quarter. Petra Financial Advisors Inc. now owns 22,611 shares of the company’s stock worth $1,815,000 after buying an additional 156 shares in the last quarter. Finally, Continuum Advisory LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 4.8% during the 1st quarter. Continuum Advisory LLC now owns 3,500 shares of the company’s stock worth $286,000 after acquiring an additional 160 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT opened at $82.41 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $78.66 and a 1-year high of $84.26. The firm has a 50-day moving average price of $81.26 and a two-hundred day moving average price of $80.99.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd were paid a dividend of $0.328 per share. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. This represents a $3.94 annualized dividend and a dividend yield of 4.78%. The ex-dividend date was Monday, June 2nd.

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.