Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Sold by Constellation Investments Inc.

Constellation Investments Inc. lessened its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 8.4% during the third quarter, HoldingsChannel.com reports. The fund owned 1,112,575 shares of the company’s stock after selling 102,425 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up about 4.4% of Constellation Investments Inc.’s portfolio, making the stock its 6th biggest holding. Constellation Investments Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $93,579,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Caldwell Trust Co acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at $25,000. Mattson Financial Services LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the first quarter worth about $28,000. Aspect Partners LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at about $28,000. Chapman Financial Group LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at about $31,000. Finally, NewSquare Capital LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at about $33,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $83.75 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $78.66 and a one year high of $84.84. The stock’s 50 day moving average price is $83.96 and its 200 day moving average price is $83.50.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 3rd. Investors of record on Monday, December 1st were issued a dividend of $0.3223 per share. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Monday, December 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. 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.