Vanguard Intermediate-Term Corporate Bond ETF $VCIT Stake Cut by Constellation Investments Inc.

Constellation Investments Inc. lessened its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCITFree Report) by 12.3% during the first quarter, Holdings Channel.com reports. The institutional investor owned 1,532,125 shares of the company’s stock after selling 214,200 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 4.2% of Constellation Investments Inc.’s portfolio, making the stock its 6th largest position. Constellation Investments Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $126,783,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of VCIT. Corient Private Wealth LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 438.6% in the fourth quarter. Corient Private Wealth LLC now owns 10,303,448 shares of the company’s stock valued at $862,914,000 after acquiring an additional 8,390,355 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.7% during the third quarter. Bank of America Corp DE now owns 82,297,228 shares of the company’s stock valued at $6,922,020,000 after acquiring an additional 5,909,857 shares during the last quarter. Morgan Stanley increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 22.4% during the 4th quarter. Morgan Stanley now owns 24,048,406 shares of the company’s stock worth $2,014,054,000 after purchasing an additional 4,399,400 shares in the last quarter. Fisher Asset Management LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 4.1% during the 4th quarter. Fisher Asset Management LLC now owns 83,976,379 shares of the company’s stock worth $7,033,022,000 after purchasing an additional 3,339,026 shares in the last quarter. Finally, Nepc LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 37.8% in the 4th quarter. Nepc LLC now owns 6,093,365 shares of the company’s stock valued at $510,319,000 after purchasing an additional 1,670,078 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT stock opened at $82.91 on Monday. The firm has a 50-day moving average price of $82.56 and a 200 day moving average price of $83.25. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $81.43 and a twelve month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were issued a dividend of $0.3412 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33. The ex-dividend date was Monday, June 1st.

Vanguard Intermediate-Term Corporate Bond ETF Profile

(Free Report)

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. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.

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Institutional Ownership by Quarter for Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

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