Resona Asset Management Co. Ltd. Has $3.10 Million Stake in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Resona Asset Management Co. Ltd. trimmed its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 24.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 37,024 shares of the company’s stock after selling 12,264 shares during the period. Resona Asset Management Co. Ltd.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,101,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Rothschild Investment LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 17.4% in the third quarter. Rothschild Investment LLC now owns 810 shares of the company’s stock valued at $68,000 after acquiring an additional 120 shares during the period. BridgePort Financial Solutions LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.6% in the fourth quarter. BridgePort Financial Solutions LLC now owns 21,027 shares of the company’s stock valued at $1,761,000 after acquiring an additional 120 shares during the period. Sincerus Advisory LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.5% in the fourth quarter. Sincerus Advisory LLC now owns 24,561 shares of the company’s stock valued at $2,057,000 after acquiring an additional 121 shares during the period. Topel & Distasi Wealth Management LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.5% in the third quarter. Topel & Distasi Wealth Management LLC now owns 25,872 shares of the company’s stock valued at $2,176,000 after acquiring an additional 131 shares during the period. Finally, Summit Wealth Partners LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.7% in the fourth quarter. Summit Wealth Partners LLC now owns 19,099 shares of the company’s stock valued at $1,600,000 after acquiring an additional 134 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ:VCIT opened at $82.22 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $80.82 and a 1 year high of $84.84. The stock has a 50-day moving average price of $82.71 and a two-hundred day moving average price of $83.52.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

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

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.