Constellation Investments Inc. Has $100.75 Million Stock Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Constellation Investments Inc. lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 94.4% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,215,000 shares of the company’s stock after acquiring an additional 590,000 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up about 4.7% of Constellation Investments Inc.’s investment portfolio, making the stock its 6th largest position. Constellation Investments Inc. owned approximately 0.18% of Vanguard Intermediate-Term Corporate Bond ETF worth $100,748,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.4% in the first quarter. JPMorgan Chase & Co. now owns 51,908,033 shares of the company’s stock valued at $4,244,058,000 after purchasing an additional 1,718,299 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 11,516,340 shares of the company’s stock valued at $941,576,000 after buying an additional 1,110,990 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.9% in the 1st quarter. Ameriprise Financial Inc. now owns 10,033,175 shares of the company’s stock valued at $821,046,000 after buying an additional 987,197 shares in the last quarter. Nepc LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 12.9% in the 1st quarter. Nepc LLC now owns 4,299,709 shares of the company’s stock valued at $351,544,000 after buying an additional 490,792 shares in the last quarter. Finally, Raymond James Financial Inc. increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.8% in the 1st quarter. Raymond James Financial Inc. now owns 4,261,894 shares of the company’s stock valued at $348,452,000 after buying an additional 233,367 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $84.00 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $78.66 and a 1 year high of $84.74. The business has a 50-day moving average of $83.62 and a two-hundred day moving average of $82.22.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were paid a dividend of $0.326 per share. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend was Wednesday, October 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.