Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Acquired by CWA Asset Management Group LLC

CWA Asset Management Group LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 6.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 434,549 shares of the company’s stock after purchasing an additional 27,255 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 1.3% of CWA Asset Management Group LLC’s investment portfolio, making the stock its 13th biggest position. CWA Asset Management Group LLC owned 0.06% of Vanguard Intermediate-Term Corporate Bond ETF worth $36,393,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VCIT. Caldwell Trust Co purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at about $25,000. Chapman Financial Group LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth about $31,000. United Financial Planning Group LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the third quarter valued at about $34,000. Abich Financial Wealth Management LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the third quarter valued at about $35,000. Finally, Delos Wealth Advisors LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at approximately $37,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT stock opened at $82.15 on Friday. The firm’s 50 day moving average price is $83.85 and its 200-day moving average price is $83.97. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $78.66 and a one year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a $0.3026 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.4%.

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.