Resona Asset Management Co. Ltd. Sells 18,702 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Resona Asset Management Co. Ltd. reduced its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 50.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,322 shares of the company’s stock after selling 18,702 shares during the period. Resona Asset Management Co. Ltd.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,516,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. HHM Wealth Advisors LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter valued at about $29,000. Brown Brothers Harriman & Co. grew its stake 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 in the last quarter. Richards Merrill & Peterson Inc. acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth approximately $30,000. Monetary Solutions Ltd acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at $30,000. Finally, Chapman Financial Group LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at about $31,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.4%

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.46 on Tuesday. The firm’s 50 day moving average is $82.35 and its 200 day moving average is $83.13. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $81.43 and a 1 year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were given a dividend of $0.3319 per share. The ex-dividend date was Wednesday, July 1st.

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.