Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Purchased by SGL Investment Advisors Inc.

SGL Investment Advisors Inc. boosted its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 42.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 27,673 shares of the company’s stock after buying an additional 8,206 shares during the period. SGL Investment Advisors Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,313,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of VCIT. TI Trust Inc. increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.4% in the third quarter. TI Trust Inc. now owns 3,226 shares of the company’s stock worth $271,000 after acquiring an additional 135 shares during the period. Leo Wealth LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 1.8% during the second quarter. Leo Wealth LLC now owns 7,998 shares of the company’s stock valued at $651,000 after purchasing an additional 143 shares during the period. Cedar Point Capital Partners LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 3.6% in the third quarter. Cedar Point Capital Partners LLC now owns 4,159 shares of the company’s stock valued at $350,000 after purchasing an additional 145 shares during the last quarter. Stevens Capital Partners grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 5.2% during the 3rd quarter. Stevens Capital Partners now owns 2,921 shares of the company’s stock worth $246,000 after purchasing an additional 145 shares during the period. Finally, Wallace Advisory Group LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.1% during the 2nd quarter. Wallace Advisory Group LLC now owns 4,984 shares of the company’s stock valued at $407,000 after buying an additional 149 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT stock opened at $83.54 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $78.66 and a 52-week high of $84.84. The business has a 50-day simple moving average of $83.90 and a 200-day simple moving average of $83.78.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd will be issued a $0.33 dividend. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.7%.

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.