Allspring Global Investments Holdings LLC Has $16.91 Million Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Allspring Global Investments Holdings LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 134.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 200,981 shares of the company’s stock after acquiring an additional 115,314 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $16,905,000 at the end of the most recent reporting period.

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

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT stock opened at $83.74 on Monday. The firm has a 50-day moving average price of $83.94 and a 200-day moving average price of $83.54. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $78.66 and a 12 month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Monday, December 1st were given a $0.3223 dividend. The ex-dividend date was Monday, December 1st. This represents a c) dividend on an annualized basis and a yield of 4.6%.

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. 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.