Principal Securities Inc. Has $12.09 Million Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Principal Securities Inc. boosted its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 0.3% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 150,635 shares of the company’s stock after purchasing an additional 466 shares during the period. Principal Securities Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $12,091,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VCIT. Brighton Jones LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 107.9% during the 4th quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock worth $716,000 after acquiring an additional 4,627 shares during the period. M&T Bank Corp purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth about $359,000. Daiwa Securities Group Inc. lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.7% in the 4th quarter. Daiwa Securities Group Inc. now owns 53,690 shares of the company’s stock worth $4,310,000 after purchasing an additional 900 shares during the period. Independent Advisor Alliance purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at about $5,082,000. Finally, Tortoise Investment Management LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at about $28,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.3%

Shares of VCIT stock opened at $81.96 on Wednesday. The company has a 50 day moving average price of $81.55 and a 200-day moving average price of $81.06. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $78.66 and a 52 week high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, July 3rd. Investors of record on Tuesday, July 1st were paid a dividend of $0.3207 per share. This represents a $3.85 dividend on an annualized basis and a yield of 4.70%. The ex-dividend date was Tuesday, 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.