Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) is First Pacific Financial’s 4th Largest Position

First Pacific Financial lessened its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 2.4% in the fourth quarter, HoldingsChannel reports. The firm owned 246,058 shares of the company’s stock after selling 6,032 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 6.3% of First Pacific Financial’s holdings, making the stock its 4th biggest holding. First Pacific Financial’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $20,000,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in VCIT. MAS Advisors LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.5% in the 1st quarter. MAS Advisors LLC now owns 17,908 shares of the company’s stock valued at $1,540,000 after purchasing an additional 926 shares during the period. BlackRock Inc. lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.4% in the 1st quarter. BlackRock Inc. now owns 213,745 shares of the company’s stock valued at $18,391,000 after purchasing an additional 4,938 shares during the period. Sei Investments Co. purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter valued at approximately $220,000. Baird Financial Group Inc. lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.1% in the 1st quarter. Baird Financial Group Inc. now owns 301,845 shares of the company’s stock valued at $25,970,000 after purchasing an additional 14,743 shares during the period. Finally, Zions Bancorporation N.A. purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter valued at approximately $221,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.4 %

VCIT stock opened at $80.56 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $73.78 and a twelve month high of $81.65. The business has a 50 day moving average of $80.15 and a 200 day moving average of $78.55.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 6th. Investors of record on Monday, March 4th were given a dividend of $0.2732 per share. This represents a $3.28 dividend on an annualized basis and a yield of 4.07%. The ex-dividend date of this dividend was Friday, March 1st.

Vanguard Intermediate-Term Corporate Bond ETF 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.