Sona Asset Management US LLC Acquires Shares of 701,744 Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Sona Asset Management US LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 701,744 shares of the company’s stock, valued at approximately $58,069,000. Vanguard Intermediate-Term Corporate Bond ETF accounts for 1.2% of Sona Asset Management US LLC’s portfolio, making the stock its 16th largest holding. Sona Asset Management US LLC owned 0.09% of Vanguard Intermediate-Term Corporate Bond ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. DecisionPoint Financial LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.9% in the 4th quarter. DecisionPoint Financial LLC now owns 539,643 shares of the company’s stock valued at $45,195,000 after acquiring an additional 15,021 shares during the last quarter. First Horizon Corp boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 323.9% during the 4th quarter. First Horizon Corp now owns 11,648 shares of the company’s stock worth $976,000 after acquiring an additional 8,900 shares during the last quarter. Constellation Investments Inc. grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 57.0% during the fourth quarter. Constellation Investments Inc. now owns 1,746,325 shares of the company’s stock valued at $146,255,000 after purchasing an additional 633,750 shares during the period. Peak Financial Management Inc. grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 4.2% during the fourth quarter. Peak Financial Management Inc. now owns 153,930 shares of the company’s stock valued at $12,892,000 after purchasing an additional 6,194 shares during the period. Finally, Mechanics Bank Trust Department bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at approximately $1,816,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCIT opened at $81.19 on Monday. The company has a 50 day moving average price of $82.17 and a two-hundred day moving average price of $82.98. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $81.04 and a 52 week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were given a $0.3319 dividend. The ex-dividend date 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.