OLD National Bancorp IN Buys 41,043 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

OLD National Bancorp IN raised its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 12.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 372,583 shares of the company’s stock after acquiring an additional 41,043 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up 0.5% of OLD National Bancorp IN’s portfolio, making the stock its 28th biggest position. OLD National Bancorp IN’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $30,831,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently modified their holdings of VCIT. Brown Brothers Harriman & Co. increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 136.1% during the 4th quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock valued at $29,000 after purchasing an additional 200 shares in the last quarter. HHM Wealth Advisors LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the first quarter valued at approximately $29,000. Richards Merrill & Peterson Inc. bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at approximately $30,000. Monetary Solutions Ltd purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth approximately $30,000. Finally, Chapman Financial Group LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter worth approximately $31,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.1%

VCIT stock opened at $82.79 on Friday. The stock’s 50 day simple moving average is $82.57 and its 200 day simple moving average is $83.26. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $81.43 and a 12-month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were issued a dividend of $0.3412 per share. The ex-dividend date of this dividend was Monday, June 1st. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%.

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.