Vanguard Intermediate-Term Corporate Bond ETF Target of Unusually High Options Trading (NASDAQ:VCIT)

Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) was the target of some unusual options trading on Tuesday. Traders purchased 30,004 put options on the stock. This represents an increase of approximately 119,916% compared to the average volume of 25 put options.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.0%

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.11 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $81.03 and a 52 week high of $84.84. The firm has a fifty day moving average of $81.93 and a two-hundred day moving average of $82.77.

Vanguard Intermediate-Term Corporate Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Monday, August 3rd were issued a dividend of $0.3421 per share. The ex-dividend date was Monday, August 3rd. This represents a c) annualized dividend and a yield of 5.1%.

Hedge Funds Weigh In On Vanguard Intermediate-Term Corporate Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of VCIT. Bank of America Corp DE raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 39.6% in the first quarter. Bank of America Corp DE now owns 118,464,592 shares of the company’s stock valued at $9,802,945,000 after purchasing an additional 33,615,148 shares during the last quarter. Corient Private Wealth LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 438.6% in the fourth quarter. Corient Private Wealth LLC now owns 10,303,448 shares of the company’s stock worth $862,914,000 after purchasing an additional 8,390,355 shares in the last quarter. Morgan Stanley boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 22.4% during the fourth quarter. Morgan Stanley now owns 24,048,406 shares of the company’s stock worth $2,014,054,000 after purchasing an additional 4,399,400 shares during the last quarter. Fisher Asset Management LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 4.1% during the fourth quarter. Fisher Asset Management LLC now owns 83,976,379 shares of the company’s stock worth $7,033,022,000 after purchasing an additional 3,339,026 shares during the last quarter. Finally, Symetra Investment Management Co bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the first quarter valued at $259,274,000.

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.