Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Sets New 52-Week Low – What’s Next?

Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) hit a new 52-week low on Monday . The stock traded as low as $81.03 and last traded at $81.03, with a volume of 5418403 shares traded. The stock had previously closed at $81.23.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.2%

The business has a 50 day moving average price of $81.88 and a 200-day moving average price of $82.71.

Vanguard Intermediate-Term Corporate Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Monday, August 3rd were given a $0.3421 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) annualized dividend and a yield of 5.1%.

Institutional Trading of Vanguard Intermediate-Term Corporate Bond ETF

A number of hedge funds have recently made changes to their positions in the company. Bank of America Corp DE increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 39.6% during the 1st quarter. Bank of America Corp DE now owns 118,464,592 shares of the company’s stock worth $9,802,945,000 after buying an additional 33,615,148 shares during the period. Fisher Asset Management LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.1% during the fourth quarter. Fisher Asset Management LLC now owns 83,976,379 shares of the company’s stock valued at $7,033,022,000 after acquiring an additional 3,339,026 shares in the last quarter. Creative Planning grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.6% during the third quarter. Creative Planning now owns 26,438,339 shares of the company’s stock valued at $2,223,729,000 after acquiring an additional 927,083 shares in the last quarter. Morgan Stanley increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 22.4% during the fourth quarter. Morgan Stanley now owns 24,048,406 shares of the company’s stock worth $2,014,054,000 after acquiring an additional 4,399,400 shares during the last quarter. Finally, LPL Financial LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.9% during the fourth quarter. LPL Financial LLC now owns 10,895,493 shares of the company’s stock worth $912,498,000 after acquiring an additional 604,588 shares during the last quarter.

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. 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.