Thrivent Financial for Lutherans Has $19.68 Million Stock Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Thrivent Financial for Lutherans increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 33.5% in the 4th quarter, HoldingsChannel reports. The firm owned 234,723 shares of the company’s stock after acquiring an additional 58,876 shares during the period. Thrivent Financial for Lutherans’ holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $19,680,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in VCIT. Richards Merrill & Peterson Inc. bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at $30,000. Chapman Financial Group LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at $31,000. United Financial Planning Group LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at $34,000. Abich Financial Wealth Management LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at $35,000. Finally, Founders Financial Alliance LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the third quarter valued at about $45,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ VCIT opened at $82.00 on Monday. The firm’s 50-day moving average price is $82.88 and its 200-day moving average price is $83.60. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $80.42 and a 1-year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were issued a dividend of $0.3262 per share. The ex-dividend date was Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 4.8%.

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.