Perennial Investment Advisors LLC Reduces Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Perennial Investment Advisors LLC reduced its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 15.0% during the second quarter, HoldingsChannel.com reports. The firm owned 7,993 shares of the company’s stock after selling 1,410 shares during the period. Perennial Investment Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $663,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Mattson Financial Services LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter valued at $28,000. Aspect Partners LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter valued at $28,000. Anfield Capital Management LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the first quarter valued at $29,000. NorthRock Partners LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 54.1% in the 1st quarter. NorthRock Partners LLC now owns 376 shares of the company’s stock worth $31,000 after buying an additional 132 shares during the period. Finally, NewSquare Capital LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter worth about $33,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $83.66 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $78.66 and a 1 year high of $84.84. The firm has a 50-day moving average of $84.15 and a two-hundred day moving average of $82.91.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

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

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.