Vanguard Intermediate-Term Corporate Bond ETF Sees Unusually Large Options Volume (NASDAQ:VCIT)

Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) was the target of unusually large options trading activity on Tuesday. Stock investors bought 30,004 put options on the company. This represents an increase of 119,916% compared to the average daily volume of 25 put options.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT traded up $0.07 on Tuesday, hitting $81.14. 5,777,692 shares of the stock traded hands, compared to its average volume of 11,049,788. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $81.03 and a 1 year high of $84.84. The stock’s 50 day moving average is $81.96 and its two-hundred day moving average is $82.79.

Vanguard Intermediate-Term Corporate Bond ETF Dividend Announcement

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

Institutional Investors Weigh In On Vanguard Intermediate-Term Corporate Bond ETF

Several hedge funds have recently made changes to their positions in VCIT. HHM Wealth Advisors LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the first quarter valued at $29,000. Brown Brothers Harriman & Co. lifted its position in 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 worth $29,000 after buying an additional 200 shares during the period. Richards Merrill & Peterson Inc. purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth about $30,000. Monetary Solutions Ltd acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth about $30,000. Finally, Chapman Financial Group LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter worth about $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.