18,122 Shares in Vanguard Intermediate-Term Corporate Bond ETF $VCIT Purchased by Odyssey Capital Advisors Inc.

Odyssey Capital Advisors Inc. acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 18,122 shares of the company’s stock, valued at approximately $1,518,000. Vanguard Intermediate-Term Corporate Bond ETF accounts for 1.3% of Odyssey Capital Advisors Inc.’s investment portfolio, making the stock its 24th largest holding.

A number of other hedge funds have also added to or reduced their stakes in VCIT. Brighton Jones LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 107.9% in the 4th quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock worth $716,000 after acquiring an additional 4,627 shares in the last quarter. Daiwa Securities Group Inc. boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.4% during the second quarter. Daiwa Securities Group Inc. now owns 54,690 shares of the company’s stock valued at $4,535,000 after purchasing an additional 2,300 shares in the last quarter. Qube Research & Technologies Ltd boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 67.1% during the second quarter. Qube Research & Technologies Ltd now owns 298,502 shares of the company’s stock valued at $24,752,000 after purchasing an additional 119,837 shares in the last quarter. Squarepoint Ops LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 347.4% during the second quarter. Squarepoint Ops LLC now owns 15,132 shares of the company’s stock valued at $1,255,000 after acquiring an additional 11,750 shares during the last quarter. Finally, Main Street Financial Solutions LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 8.6% during the second quarter. Main Street Financial Solutions LLC now owns 18,100 shares of the company’s stock valued at $1,501,000 after acquiring an additional 1,433 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ:VCIT opened at $82.00 on Monday. The firm has a 50 day moving average of $82.88 and a 200 day moving average of $83.60. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $80.42 and a 52 week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st were issued a $0.3262 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%.

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.