Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp lessened its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,067,803 shares of the company’s stock after selling 25,778 shares during the quarter. Bank of New York Mellon Corp owned 0.27% of Vanguard Intermediate-Term Corporate Bond ETF worth $171,111,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Pacific Wealth Management grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 0.9% during the first quarter. Pacific Wealth Management now owns 92,380 shares of the company’s stock worth $7,644,000 after acquiring an additional 858 shares during the period. Northstar Financial Companies Inc. lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 66.6% in the first quarter. Northstar Financial Companies Inc. now owns 5,707 shares of the company’s stock valued at $472,000 after acquiring an additional 2,281 shares during the period. SouthState Bank Corp boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 88.1% during the 1st quarter. SouthState Bank Corp now owns 25,164 shares of the company’s stock worth $2,082,000 after purchasing an additional 11,789 shares in the last quarter. Meridian Management Co. boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.1% during the 1st quarter. Meridian Management Co. now owns 397,598 shares of the company’s stock worth $32,901,000 after purchasing an additional 19,244 shares in the last quarter. Finally, Sigma Planning Corp boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.2% during the 1st quarter. Sigma Planning Corp now owns 68,066 shares of the company’s stock worth $5,632,000 after purchasing an additional 3,334 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.1%

NASDAQ:VCIT opened at $81.94 on Friday. The firm’s fifty day simple moving average is $82.28 and its 200-day simple moving average is $83.07. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $81.43 and a fifty-two week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were issued a dividend of $0.3319 per share. The ex-dividend date of this dividend was Wednesday, July 1st.

Vanguard Intermediate-Term Corporate Bond ETF 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.