North Forty Two & Co. Has $2.02 Million Stock Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

North Forty Two & Co. lowered its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 2.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 24,385 shares of the company’s stock after selling 612 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 2.1% of North Forty Two & Co.’s holdings, making the stock its 15th largest holding. North Forty Two & Co.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,022,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Grandview Asset Management LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.1% during the 2nd quarter. Grandview Asset Management LLC now owns 13,352 shares of the company’s stock worth $1,107,000 after acquiring an additional 643 shares in the last quarter. Sage Rhino Capital LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.6% in the second quarter. Sage Rhino Capital LLC now owns 89,152 shares of the company’s stock valued at $7,392,000 after buying an additional 494 shares during the period. HB Wealth Management LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at $479,000. CWA Asset Management Group LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 16.4% during the 2nd quarter. CWA Asset Management Group LLC now owns 376,436 shares of the company’s stock worth $31,214,000 after buying an additional 53,098 shares during the last quarter. Finally, Flow Traders U.S. LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 422.9% in the first quarter. Flow Traders U.S. LLC now owns 148,136 shares of the company’s stock valued at $12,112,000 after purchasing an additional 119,809 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT stock opened at $83.66 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $78.66 and a 52 week high of $84.84. The company’s 50-day simple moving average is $84.15 and its 200 day simple moving average is $82.91.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

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

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.