Essex LLC Has $34.93 Million Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Essex LLC reduced its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 29.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 415,331 shares of the company’s stock after selling 174,607 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 6.3% of Essex LLC’s holdings, making the stock its largest holding. Essex LLC owned about 0.06% of Vanguard Intermediate-Term Corporate Bond ETF worth $34,934,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Cordant Inc. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.8% in the 3rd quarter. Cordant Inc. now owns 174,275 shares of the company’s stock worth $14,658,000 after purchasing an additional 6,300 shares during the period. Global Retirement Partners LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at $10,304,000. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at $935,000. Grandview Asset Management LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.1% in the second quarter. Grandview Asset Management LLC now owns 13,352 shares of the company’s stock valued at $1,107,000 after purchasing an additional 643 shares in the last quarter. Finally, Bank of Nova Scotia acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter worth $51,269,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ:VCIT opened at $83.78 on Friday. The business’s fifty day moving average price is $83.89 and its 200 day moving average price is $83.58. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $78.66 and a 1-year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

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