Titan Investment Management LLC Invests $3.49 Million in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Titan Investment Management LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 41,717 shares of the company’s stock, valued at approximately $3,494,000. Vanguard Intermediate-Term Corporate Bond ETF makes up about 3.2% of Titan Investment Management LLC’s portfolio, making the stock its 8th biggest holding.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 107.9% in the 4th quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock valued at $716,000 after purchasing an additional 4,627 shares in the last quarter. Daiwa Securities Group Inc. grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.4% during the second quarter. Daiwa Securities Group Inc. now owns 54,690 shares of the company’s stock worth $4,535,000 after buying an additional 2,300 shares in the last quarter. Qube Research & Technologies Ltd grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 67.1% during the second quarter. Qube Research & Technologies Ltd now owns 298,502 shares of the company’s stock worth $24,752,000 after buying an additional 119,837 shares in the last quarter. Squarepoint Ops LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 347.4% in the second quarter. Squarepoint Ops LLC now owns 15,132 shares of the company’s stock worth $1,255,000 after buying an additional 11,750 shares during the last quarter. Finally, Main Street Financial Solutions LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 8.6% in the second quarter. Main Street Financial Solutions LLC now owns 18,100 shares of the company’s stock worth $1,501,000 after buying an additional 1,433 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.3%

VCIT opened at $82.48 on Friday. The firm’s fifty day moving average price is $82.64 and its 200 day moving average price is $83.31. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $81.43 and a 12-month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were given a $0.3412 dividend. This represents a c) annualized dividend and a dividend yield of 5.0%. The ex-dividend date of this dividend was Monday, June 1st. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33.

Vanguard Intermediate-Term Corporate Bond ETF 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.