Sona Asset Management US LLC Acquires New Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Sona Asset Management US LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 701,744 shares of the company’s stock, valued at approximately $58,069,000. Vanguard Intermediate-Term Corporate Bond ETF makes up 1.2% of Sona Asset Management US LLC’s investment portfolio, making the stock its 16th biggest holding.

A number of other institutional investors have also recently bought and sold shares of the stock. DecisionPoint Financial LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 2.9% in the 4th quarter. DecisionPoint Financial LLC now owns 539,643 shares of the company’s stock valued at $45,195,000 after acquiring an additional 15,021 shares in the last quarter. First Horizon Corp lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 323.9% in the fourth quarter. First Horizon Corp now owns 11,648 shares of the company’s stock valued at $976,000 after purchasing an additional 8,900 shares in the last quarter. Constellation Investments Inc. lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 57.0% in the fourth quarter. Constellation Investments Inc. now owns 1,746,325 shares of the company’s stock valued at $146,255,000 after purchasing an additional 633,750 shares in the last quarter. Peak Financial Management Inc. boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.2% during the fourth quarter. Peak Financial Management Inc. now owns 153,930 shares of the company’s stock worth $12,892,000 after buying an additional 6,194 shares during the period. Finally, Mechanics Bank Trust Department bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth about $1,816,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.19 on Monday. The business’s 50 day simple moving average is $82.17 and its 200 day simple moving average is $82.98. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $81.04 and a 52-week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were paid a dividend of $0.3319 per share. The ex-dividend date of this dividend was Wednesday, July 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.