Goldman Sachs Group Inc. Sells 1,339,473 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Goldman Sachs Group Inc. decreased its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 13.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,284,257 shares of the company’s stock after selling 1,339,473 shares during the quarter. Goldman Sachs Group Inc. owned approximately 1.16% of Vanguard Intermediate-Term Corporate Bond ETF worth $693,807,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of VCIT. Brighton Jones LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 107.9% during the fourth quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock worth $716,000 after acquiring an additional 4,627 shares during the last quarter. Daiwa Securities Group Inc. raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.4% during the second quarter. Daiwa Securities Group Inc. now owns 54,690 shares of the company’s stock worth $4,535,000 after acquiring an additional 2,300 shares during the last quarter. Qube Research & Technologies Ltd raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 67.1% during the second quarter. Qube Research & Technologies Ltd now owns 298,502 shares of the company’s stock worth $24,752,000 after acquiring an additional 119,837 shares during the last quarter. Squarepoint Ops LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 347.4% during the second quarter. Squarepoint Ops LLC now owns 15,132 shares of the company’s stock worth $1,255,000 after acquiring an additional 11,750 shares during the last quarter. Finally, Main Street Financial Solutions LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 8.6% during the second quarter. Main Street Financial Solutions LLC now owns 18,100 shares of the company’s stock worth $1,501,000 after acquiring an additional 1,433 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT stock opened at $82.26 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $81.00 and a twelve month high of $84.84. The business has a fifty day moving average of $82.68 and a 200-day moving average of $83.45.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were given a dividend of $0.3412 per share. The ex-dividend date was Monday, June 1st. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%.

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.