Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Sets New 52-Week Low – What’s Next?

Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) hit a new 52-week low on Monday . The company traded as low as $81.03 and last traded at $81.03, with a volume of 5418403 shares trading hands. The stock had previously closed at $81.23.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

The stock has a 50-day simple moving average of $81.88 and a 200-day simple moving average of $82.71.

Vanguard Intermediate-Term Corporate Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Monday, August 3rd were given a dividend of $0.3421 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%.

Institutional Trading of Vanguard Intermediate-Term Corporate Bond ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Valued Retirements Inc. boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.5% during the fourth quarter. Valued Retirements Inc. now owns 3,591 shares of the company’s stock valued at $301,000 after purchasing an additional 121 shares during the period. MCF Advisors LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 19.7% in the fourth quarter. MCF Advisors LLC now owns 754 shares of the company’s stock worth $63,000 after buying an additional 124 shares during the period. Summit Wealth Partners LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 0.7% during the 4th quarter. Summit Wealth Partners LLC now owns 19,099 shares of the company’s stock valued at $1,600,000 after buying an additional 134 shares during the last quarter. Silver Oak Securities Incorporated raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 3.5% during the 1st quarter. Silver Oak Securities Incorporated now owns 3,964 shares of the company’s stock valued at $328,000 after buying an additional 134 shares during the last quarter. Finally, Eaton Cambridge Inc. boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 3.7% during the 1st quarter. Eaton Cambridge Inc. now owns 3,874 shares of the company’s stock valued at $321,000 after buying an additional 137 shares during the period.

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.