Hsbc Holdings PLC Invests $3.31 Million in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Hsbc Holdings PLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the first quarter, HoldingsChannel.com reports. The institutional investor purchased 39,944 shares of the company’s stock, valued at approximately $3,305,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Winch Advisory Services LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.7% in the first quarter. Winch Advisory Services LLC now owns 320,635 shares of the company’s stock worth $26,533,000 after purchasing an additional 2,255 shares in the last quarter. Financial Freedom LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.9% in the first quarter. Financial Freedom LLC now owns 183,524 shares of the company’s stock valued at $15,187,000 after buying an additional 6,822 shares in the last quarter. First Horizon Corp increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 19.4% in the first quarter. First Horizon Corp now owns 13,913 shares of the company’s stock valued at $1,151,000 after buying an additional 2,265 shares in the last quarter. Ibex Wealth Advisors bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the first quarter valued at about $501,000. Finally, Kestra Advisory Services LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.9% in the first quarter. Kestra Advisory Services LLC now owns 156,500 shares of the company’s stock valued at $12,950,000 after buying an additional 5,936 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.1%

Shares of NASDAQ VCIT opened at $81.19 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $81.04 and a 12-month high of $84.84. The firm’s 50-day simple moving average is $82.17 and its 200 day simple moving average is $82.99.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

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

Vanguard Intermediate-Term Corporate Bond ETF Company 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.