American Family Investments Inc. Invests $102.59 Million in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

American Family Investments Inc. purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 1,225,000 shares of the company’s stock, valued at approximately $102,594,000. Vanguard Intermediate-Term Corporate Bond ETF accounts for 3.7% of American Family Investments Inc.’s portfolio, making the stock its 8th largest holding.

A number of other institutional investors also recently made changes to their positions in the stock. Rothschild Investment LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 17.4% in the 3rd quarter. Rothschild Investment LLC now owns 810 shares of the company’s stock worth $68,000 after acquiring an additional 120 shares during the period. BridgePort Financial Solutions LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.6% in the 4th quarter. BridgePort Financial Solutions LLC now owns 21,027 shares of the company’s stock worth $1,761,000 after acquiring an additional 120 shares during the period. Sincerus Advisory LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.5% in the 4th quarter. Sincerus Advisory LLC now owns 24,561 shares of the company’s stock worth $2,057,000 after acquiring an additional 121 shares during the period. Topel & Distasi Wealth Management LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.5% in the 3rd quarter. Topel & Distasi Wealth Management LLC now owns 25,872 shares of the company’s stock worth $2,176,000 after acquiring an additional 131 shares during the period. Finally, Summit Wealth Partners LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.7% in the 4th quarter. Summit Wealth Partners LLC now owns 19,099 shares of the company’s stock worth $1,600,000 after acquiring an additional 134 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.3%

Shares of NASDAQ:VCIT opened at $82.49 on Wednesday. The company has a 50 day moving average of $82.98 and a 200-day moving average of $83.65. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $80.42 and a twelve month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were paid a dividend of $0.3262 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) annualized dividend and a yield of 4.7%.

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.