Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) is First Pacific Financial’s 4th Largest Position

First Pacific Financial cut its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 2.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 246,058 shares of the company’s stock after selling 6,032 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for 6.3% of First Pacific Financial’s portfolio, making the stock its 4th largest position. First Pacific Financial’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $20,000,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. MAS Advisors LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.5% during the first quarter. MAS Advisors LLC now owns 17,908 shares of the company’s stock worth $1,540,000 after purchasing an additional 926 shares during the period. BlackRock Inc. grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.4% during the first quarter. BlackRock Inc. now owns 213,745 shares of the company’s stock worth $18,391,000 after acquiring an additional 4,938 shares during the last quarter. Sei Investments Co. bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth about $220,000. Baird Financial Group Inc. grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.1% during the first quarter. Baird Financial Group Inc. now owns 301,845 shares of the company’s stock worth $25,970,000 after acquiring an additional 14,743 shares during the last quarter. Finally, Zions Bancorporation N.A. bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth about $221,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $80.56 on Thursday. The company has a 50-day simple moving average of $80.15 and a 200-day simple moving average of $78.55. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $73.78 and a one year high of $81.65.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, March 6th. Investors of record on Monday, March 4th were given a $0.2732 dividend. The ex-dividend date of this dividend was Friday, March 1st. This represents a $3.28 dividend on an annualized basis and a yield of 4.07%.

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.