Townsquare Capital LLC Reduces Stock Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Townsquare Capital LLC decreased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 71.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,205 shares of the company’s stock after selling 51,059 shares during the quarter. Townsquare Capital LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,699,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Brighton Jones LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 107.9% in the fourth quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock worth $716,000 after buying an additional 4,627 shares during the last quarter. HB Wealth Management LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter worth approximately $479,000. Truist Financial Corp grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.9% during the 2nd quarter. Truist Financial Corp now owns 1,028,036 shares of the company’s stock worth $85,245,000 after purchasing an additional 28,709 shares during the period. PFG Investments LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.9% during the 2nd quarter. PFG Investments LLC now owns 15,138 shares of the company’s stock valued at $1,255,000 after purchasing an additional 1,484 shares in the last quarter. Finally, Trust Co. of Vermont increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 29.1% during the 2nd quarter. Trust Co. of Vermont now owns 1,349 shares of the company’s stock valued at $112,000 after purchasing an additional 304 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCIT opened at $83.96 on Friday. The company’s fifty day moving average price is $83.93 and its 200 day moving average price is $83.73. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $78.66 and a 1 year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd will be given a dividend of $0.33 per share. The ex-dividend date is Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%.

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. 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.