Mitsubishi UFJ Asset Management Co. Ltd. Lowers Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Mitsubishi UFJ Asset Management Co. Ltd. reduced its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 10.5% during the 4th quarter, HoldingsChannel reports. The firm owned 842,000 shares of the company’s stock after selling 98,400 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $67,419,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of VCIT. Truvestments Capital LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 145.6% during the fourth quarter. Truvestments Capital LLC now owns 334 shares of the company’s stock valued at $27,000 after buying an additional 198 shares during the period. Tortoise Investment Management LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at about $28,000. Midwest Capital Advisors LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at about $33,000. Nvwm LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 42.6% in the 4th quarter. Nvwm LLC now owns 499 shares of the company’s stock worth $40,000 after purchasing an additional 149 shares during the period. Finally, Sound Income Strategies LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 50.7% during the fourth quarter. Sound Income Strategies LLC now owns 532 shares of the company’s stock valued at $43,000 after purchasing an additional 179 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT stock opened at $81.67 on Friday. The company’s 50 day moving average is $81.10 and its 200 day moving average is $81.51. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $77.80 and a 52-week high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a $0.2865 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.