8,500 Shares in Vanguard Intermediate-Term Corporate Bond ETF $VCIT Purchased by Arrowpoint Investment Partners Singapore Pte. Ltd.

Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 8,500 shares of the company’s stock, valued at approximately $715,000.

A number of other institutional investors and hedge funds have also modified their holdings of VCIT. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 67.6% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 23,827 shares of the company’s stock worth $2,004,000 after acquiring an additional 9,607 shares in the last quarter. Cordant Inc. increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.8% in the third quarter. Cordant Inc. now owns 174,275 shares of the company’s stock worth $14,658,000 after acquiring an additional 6,300 shares in the last quarter. Bishop & Co Investment Management LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.0% during the third quarter. Bishop & Co Investment Management LLC now owns 479,730 shares of the company’s stock worth $40,350,000 after purchasing an additional 31,395 shares during the period. Global Retirement Partners LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth about $10,304,000. Finally, Coyle Financial Counsel LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 17.1% during the 3rd quarter. Coyle Financial Counsel LLC now owns 173,219 shares of the company’s stock valued at $14,569,000 after purchasing an additional 25,336 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.3%

Shares of VCIT opened at $82.46 on Friday. The stock has a 50 day simple moving average of $83.96 and a 200 day simple moving average of $83.99. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $78.66 and a 52-week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a $0.3026 dividend. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Monday, March 2nd.

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.