Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. decreased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 57.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 83,401 shares of the company’s stock after selling 113,429 shares during the quarter. Principal Financial Group Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $6,901,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Bedel Financial Consulting Inc. raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 9.9% in the first quarter. Bedel Financial Consulting Inc. now owns 4,978 shares of the company’s stock valued at $412,000 after acquiring an additional 447 shares in the last quarter. Uptick Partners LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 17.0% in the 1st quarter. Uptick Partners LLC now owns 6,990 shares of the company’s stock valued at $578,000 after purchasing an additional 1,015 shares during the last quarter. Procyon Advisors LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.0% in the 1st quarter. Procyon Advisors LLC now owns 150,297 shares of the company’s stock valued at $12,437,000 after purchasing an additional 2,877 shares in the last quarter. Financial Advisory Partners LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.7% in the 1st quarter. Financial Advisory Partners LLC now owns 644,294 shares of the company’s stock valued at $53,315,000 after purchasing an additional 4,374 shares in the last quarter. Finally, Silver Oak Advisory Group Inc. lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.8% during the 1st quarter. Silver Oak Advisory Group Inc. now owns 13,127 shares of the company’s stock worth $1,086,000 after purchasing an additional 715 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.2%

Shares of VCIT stock opened at $81.32 on Tuesday. The firm has a fifty day moving average price of $82.16 and a 200 day moving average price of $82.96. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $81.04 and a 12 month 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. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.3319 per share. The ex-dividend date of this dividend was Wednesday, 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. 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.