Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Sets New 12-Month Low – Time to Sell?

Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) shares hit a new 52-week low during trading on Tuesday . The stock traded as low as $80.56 and last traded at $80.58, with a volume of 311747 shares trading hands. The stock had previously closed at $81.09.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.6%

The stock has a fifty day simple moving average of $81.64 and a 200 day simple moving average of $82.51.

Vanguard Intermediate-Term Corporate Bond ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, August 5th. Investors of record on Monday, August 3rd were given a dividend of $0.3421 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 5.1%.

Institutional Investors Weigh In On Vanguard Intermediate-Term Corporate Bond ETF

Several large investors have recently bought and sold shares of the business. Van Strum & Towne Inc. lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 11.1% during the 4th quarter. Van Strum & Towne Inc. now owns 94,595 shares of the company’s stock valued at $7,922,000 after buying an additional 9,488 shares during the period. TD Private Client Wealth LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.7% in the fourth quarter. TD Private Client Wealth LLC now owns 323,846 shares of the company’s stock worth $27,122,000 after acquiring an additional 20,460 shares during the period. Stolz & Associates PS bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth $9,843,000. Mitchell Mcleod Pugh & Williams Inc. increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 271.0% during the fourth quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 27,033 shares of the company’s stock valued at $2,267,000 after acquiring an additional 19,746 shares during the last quarter. Finally, Morton Brown Family Wealth LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 4.9% during the first quarter. Morton Brown Family Wealth LLC now owns 162,814 shares of the company’s stock valued at $13,473,000 after acquiring an additional 7,640 shares during the last quarter.

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.