Sumitomo Mitsui Financial Group Inc. Increases Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Sumitomo Mitsui Financial Group Inc. increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 16.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 50,648 shares of the company’s stock after buying an additional 7,162 shares during the quarter. Sumitomo Mitsui Financial Group Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,242,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in VCIT. Brighton Jones LLC grew its holdings in shares of 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. Daiwa Securities Group Inc. grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.4% during the second quarter. Daiwa Securities Group Inc. now owns 54,690 shares of the company’s stock valued at $4,535,000 after buying an additional 2,300 shares during the last quarter. Qube Research & Technologies Ltd grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 67.1% during the second quarter. Qube Research & Technologies Ltd now owns 298,502 shares of the company’s stock valued at $24,752,000 after buying an additional 119,837 shares during the last quarter. Squarepoint Ops LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 347.4% during the second quarter. Squarepoint Ops LLC now owns 15,132 shares of the company’s stock valued at $1,255,000 after buying an additional 11,750 shares during the last quarter. Finally, Main Street Financial Solutions LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 8.6% during the second quarter. Main Street Financial Solutions LLC now owns 18,100 shares of the company’s stock valued at $1,501,000 after buying an additional 1,433 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT opened at $82.51 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $81.43 and a 1-year high of $84.84. The company’s fifty day moving average price is $82.66 and its 200-day moving average price is $83.38.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were issued a dividend of $0.3412 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33. The ex-dividend date of this dividend was Monday, June 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.