Resona Asset Management Co. Ltd. Acquires Shares of 49,288 Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Resona Asset Management Co. Ltd. bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 49,288 shares of the company’s stock, valued at approximately $4,146,000.

Several other institutional investors and hedge funds have also modified their holdings of VCIT. Caldwell Trust Co purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth $25,000. Aspect Partners LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter worth about $28,000. Chapman Financial Group LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth about $31,000. NewSquare Capital LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at about $33,000. Finally, ORG Partners LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 360.0% during the 2nd quarter. ORG Partners LLC now owns 414 shares of the company’s stock valued at $34,000 after buying an additional 324 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ:VCIT opened at $83.96 on Wednesday. The stock’s 50 day moving average price is $83.92 and its 200 day moving average price is $83.72. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $78.66 and a 52 week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 3rd. Investors of record on Monday, December 1st were paid a $0.3223 dividend. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend was Monday, December 1st.

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.