Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Sets New 12-Month Low – Time to Sell?

Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $80.56 and last traded at $80.58, with a volume of 311747 shares trading hands. The stock had previously closed at $81.09.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.6%

The company has a fifty day simple moving average of $81.64 and a 200 day simple moving average of $82.51.

Vanguard Intermediate-Term Corporate Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, August 5th. Investors of record on Monday, August 3rd were paid a $0.3421 dividend. The ex-dividend date was Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 5.1%.

Institutional Trading of Vanguard Intermediate-Term Corporate Bond ETF

Several institutional investors have recently bought and sold shares of VCIT. NBH Bank purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter worth about $28,000. HHM Wealth Advisors LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the first quarter valued at approximately $29,000. Brown Brothers Harriman & Co. grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 136.1% during the fourth quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock valued at $29,000 after buying an additional 200 shares during the last quarter. Monetary Solutions Ltd bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at approximately $30,000. Finally, Chapman Financial Group LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter valued at approximately $31,000.

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.