Indivisible Partners Buys Shares of 7,331 Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Indivisible Partners bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 7,331 shares of the company’s stock, valued at approximately $614,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Golden Bell Financial Planning LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 2.9% in the fourth quarter. Golden Bell Financial Planning LLC now owns 65,333 shares of the company’s stock valued at $5,472,000 after acquiring an additional 1,833 shares during the last quarter. SBI Securities Co. Ltd. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 39.3% in the fourth quarter. SBI Securities Co. Ltd. now owns 6,767 shares of the company’s stock valued at $567,000 after acquiring an additional 1,909 shares during the last quarter. Alpha Cubed Investments LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 2.0% in the fourth quarter. Alpha Cubed Investments LLC now owns 222,225 shares of the company’s stock valued at $18,611,000 after acquiring an additional 4,405 shares during the last quarter. MMA Asset Management LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 1.1% in the fourth quarter. MMA Asset Management LLC now owns 55,784 shares of the company’s stock valued at $4,672,000 after acquiring an additional 614 shares during the last quarter. Finally, American Financial Advisors LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.0% in the fourth quarter. American Financial Advisors LLC now owns 415,679 shares of the company’s stock valued at $34,813,000 after acquiring an additional 12,216 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT stock opened at $82.87 on Thursday. The firm’s 50 day moving average is $83.14 and its 200 day moving average is $83.70. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $80.42 and a 12 month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were paid a dividend of $0.3262 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date was Friday, May 1st.

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.