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

Mitsubishi UFJ Asset Management Co. Ltd. reduced its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 21.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 691,800 shares of the company’s stock after selling 189,400 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.10% of Vanguard Intermediate-Term Corporate Bond ETF worth $58,160,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. RKL Wealth Management LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.8% in the 3rd quarter. RKL Wealth Management LLC now owns 265,337 shares of the company’s stock valued at $22,317,000 after acquiring an additional 2,049 shares during the last quarter. Brucke Financial Inc. increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 13.6% during the third quarter. Brucke Financial Inc. now owns 82,174 shares of the company’s stock valued at $6,907,000 after buying an additional 9,841 shares during the period. Greenwood Gearhart Inc. increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 0.9% during the 3rd quarter. Greenwood Gearhart Inc. now owns 91,779 shares of the company’s stock valued at $7,720,000 after purchasing an additional 792 shares during the period. AlphaCore Capital LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 17.0% in the third quarter. AlphaCore Capital LLC now owns 1,856 shares of the company’s stock worth $156,000 after buying an additional 269 shares in the last quarter. Finally, US Bancorp DE grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.5% during the 3rd quarter. US Bancorp DE now owns 30,126 shares of the company’s stock worth $2,534,000 after acquiring an additional 2,108 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.0%

VCIT opened at $84.72 on Friday. The stock has a fifty day simple moving average of $84.01 and a two-hundred day simple moving average of $83.97. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $78.66 and a 12-month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.33 per share. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date was Monday, February 2nd.

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.