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

Constellation Investments Inc. cut its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 12.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,532,125 shares of the company’s stock after selling 214,200 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises about 4.2% of Constellation Investments Inc.’s investment portfolio, making the stock its 6th largest position. Constellation Investments Inc. owned approximately 0.20% of Vanguard Intermediate-Term Corporate Bond ETF worth $126,783,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in the stock. DecisionPoint Financial LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.9% in the 4th quarter. DecisionPoint Financial LLC now owns 539,643 shares of the company’s stock worth $45,195,000 after acquiring an additional 15,021 shares during the period. Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth $715,000. First Horizon Corp increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 323.9% in the fourth quarter. First Horizon Corp now owns 11,648 shares of the company’s stock valued at $976,000 after buying an additional 8,900 shares in the last quarter. Counterweight Ventures LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 13.3% during the 4th quarter. Counterweight Ventures LLC now owns 61,155 shares of the company’s stock worth $5,122,000 after buying an additional 7,179 shares during the last quarter. Finally, Mechanics Bank Trust Department acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth $1,816,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $82.91 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $81.43 and a 52 week high of $84.84. The firm’s 50-day simple moving average is $82.56 and its 200 day simple moving average is $83.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were issued a $0.3412 dividend. This represents a c) annualized dividend 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 of this dividend was Monday, June 1st.

Vanguard Intermediate-Term Corporate Bond ETF Company 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.