Cwm LLC Buys 53,729 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Cwm LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 15.3% during the 2nd quarter, Holdings Channel.com reports. The fund owned 405,371 shares of the company’s stock after purchasing an additional 53,729 shares during the quarter. Cwm LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $33,613,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Allspring Global Investments Holdings LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 196.0% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 25,337 shares of the company’s stock worth $2,072,000 after acquiring an additional 16,776 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 36.6% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 310,258 shares of the company’s stock worth $25,367,000 after acquiring an additional 83,149 shares during the last quarter. Fifth Third Bancorp grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 123.7% during the 1st quarter. Fifth Third Bancorp now owns 4,442 shares of the company’s stock worth $363,000 after acquiring an additional 2,456 shares during the last quarter. Grandview Asset Management LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 5.1% during the 2nd quarter. Grandview Asset Management LLC now owns 13,352 shares of the company’s stock worth $1,107,000 after acquiring an additional 643 shares during the last quarter. Finally, Sage Rhino Capital LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.6% in the 2nd quarter. Sage Rhino Capital LLC now owns 89,152 shares of the company’s stock worth $7,392,000 after buying an additional 494 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.2%

Shares of VCIT stock opened at $83.94 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $78.66 and a fifty-two week high of $84.74. The business’s 50 day moving average price is $83.68 and its 200-day moving average price is $82.28.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were given a $0.326 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date was Wednesday, October 1st.

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.