Sumitomo Mitsui Financial Group Inc. Acquires 7,162 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Sumitomo Mitsui Financial Group Inc. increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 16.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 50,648 shares of the company’s stock after buying an additional 7,162 shares during the period. Sumitomo Mitsui Financial Group Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,242,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. DecisionPoint Financial LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 2.9% in the fourth quarter. DecisionPoint Financial LLC now owns 539,643 shares of the company’s stock worth $45,195,000 after buying an additional 15,021 shares in the last quarter. Coyle Financial Counsel LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 17.1% during the third quarter. Coyle Financial Counsel LLC now owns 173,219 shares of the company’s stock worth $14,569,000 after purchasing an additional 25,336 shares in the last quarter. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth $715,000. Atria Investments Inc increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 9.4% during the third quarter. Atria Investments Inc now owns 159,010 shares of the company’s stock worth $13,374,000 after purchasing an additional 13,632 shares in the last quarter. Finally, Ameritas Investment Partners Inc. increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.9% during the third quarter. Ameritas Investment Partners Inc. now owns 234,801 shares of the company’s stock worth $19,749,000 after purchasing an additional 17,222 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.7%

Shares of VCIT stock opened at $82.51 on Friday. The business’s fifty day simple moving average is $82.66 and its 200-day simple moving average is $83.38. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $81.43 and a 12-month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were given a dividend of $0.3412 per share. The ex-dividend date of this dividend was Monday, June 1st. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%.

Vanguard Intermediate-Term Corporate Bond ETF Company 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.