Mitsubishi UFJ Asset Management Co. Ltd. Lowers Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Mitsubishi UFJ Asset Management Co. Ltd. decreased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 19.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 557,300 shares of the company’s stock after selling 134,500 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $46,769,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. SBI Securities Co. Ltd. raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 39.3% during the fourth quarter. SBI Securities Co. Ltd. now owns 6,767 shares of the company’s stock valued at $567,000 after buying an additional 1,909 shares during the last quarter. Alpha Cubed Investments LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 2.0% during the fourth quarter. Alpha Cubed Investments LLC now owns 222,225 shares of the company’s stock valued at $18,611,000 after buying an additional 4,405 shares during the last quarter. MMA Asset Management LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 1.1% during the fourth quarter. MMA Asset Management LLC now owns 55,784 shares of the company’s stock valued at $4,672,000 after buying an additional 614 shares during the last quarter. American Financial Advisors LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.0% during the fourth quarter. American Financial Advisors LLC now owns 415,679 shares of the company’s stock valued at $34,813,000 after buying an additional 12,216 shares during the last quarter. Finally, Alliance Wealth Advisors LLC UT raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 772.1% during the fourth quarter. Alliance Wealth Advisors LLC UT now owns 183,044 shares of the company’s stock valued at $15,330,000 after buying an additional 162,054 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.4%

Shares of NASDAQ:VCIT opened at $82.89 on Friday. The stock has a fifty day simple moving average of $83.10 and a two-hundred day simple moving average of $83.69. 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 business also recently disclosed a monthly dividend, which was paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st were paid a dividend of $0.3262 per share. The ex-dividend date was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 4.7%.

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.