Principal Financial Group Inc. Has $18.54 Million Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Principal Financial Group Inc. lowered its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 31.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 220,395 shares of the company’s stock after selling 103,055 shares during the period. Principal Financial Group Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $18,537,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Caldwell Trust Co acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at about $25,000. Aspect Partners LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at approximately $28,000. Chapman Financial Group LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth approximately $31,000. NewSquare Capital LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth approximately $33,000. Finally, Delos Wealth Advisors LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth approximately $37,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ:VCIT opened at $83.87 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $78.66 and a 1-year high of $84.84. The firm has a fifty day simple moving average of $83.85 and a 200 day simple moving average of $83.81.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were issued a $0.33 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend was Monday, February 2nd.

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.