Axos Invest Inc. Has $1.07 Million Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Axos Invest Inc. decreased its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.7% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 12,937 shares of the company’s stock after selling 501 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 0.8% of Axos Invest Inc.’s investment portfolio, making the stock its 13th largest holding. Axos Invest Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,073,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Mattson Financial Services LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter valued at approximately $28,000. Anfield Capital Management LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter valued at $29,000. NorthRock Partners LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 54.1% during the 1st quarter. NorthRock Partners LLC now owns 376 shares of the company’s stock valued at $31,000 after purchasing an additional 132 shares during the period. Centennial Bank AR purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the first quarter valued at $33,000. Finally, ORG Partners LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 360.0% in the second quarter. ORG Partners LLC now owns 414 shares of the company’s stock valued at $34,000 after purchasing an additional 324 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.1%

Shares of VCIT stock opened at $84.00 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $78.66 and a 1-year high of $84.74. The stock’s fifty day simple moving average is $83.62 and its 200-day simple moving average is $82.22.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st were paid a dividend of $0.326 per share. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend was Wednesday, October 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.