Rakuten Investment Management Inc. Buys New Stake in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Rakuten Investment Management Inc. acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 395,967 shares of the company’s stock, valued at approximately $33,305,000. Rakuten Investment Management Inc. owned about 0.06% of Vanguard Intermediate-Term Corporate Bond ETF as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 107.9% during the fourth quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock valued at $716,000 after buying an additional 4,627 shares during the last quarter. UMB Bank n.a. boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 13.0% during the 2nd quarter. UMB Bank n.a. now owns 3,835 shares of the company’s stock valued at $318,000 after acquiring an additional 440 shares during the last quarter. Silver Oak Securities Incorporated grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 40.2% in the second quarter. Silver Oak Securities Incorporated now owns 5,060 shares of the company’s stock valued at $420,000 after purchasing an additional 1,452 shares in the last quarter. U.S. Capital Wealth Advisors LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.9% in the second quarter. U.S. Capital Wealth Advisors LLC now owns 5,424 shares of the company’s stock valued at $450,000 after purchasing an additional 206 shares in the last quarter. Finally, AdvisorNet Financial Inc increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 148.5% in the second quarter. AdvisorNet Financial Inc now owns 2,222 shares of the company’s stock worth $184,000 after purchasing an additional 1,328 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.4%

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $83.48 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $78.66 and a 52-week high of $84.84. The firm’s fifty day moving average is $83.90 and its 200 day moving average is $83.66.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Stockholders of record on Monday, December 1st were given a dividend of $0.3223 per share. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date was Monday, December 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.