Palouse Capital Management Inc. Sells 5,253 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Palouse Capital Management Inc. cut its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 8.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 54,035 shares of the company’s stock after selling 5,253 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up 3.1% of Palouse Capital Management Inc.’s portfolio, making the stock its 4th biggest holding. Palouse Capital Management Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,392,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of VCIT. Prudential PLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 81.9% during the third quarter. Prudential PLC now owns 9,778,515 shares of the company’s stock worth $742,972,000 after buying an additional 4,402,033 shares during the last quarter. Meiji Yasuda Life Insurance Co increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 27.7% during the first quarter. Meiji Yasuda Life Insurance Co now owns 17,339,000 shares of the company’s stock worth $1,491,848,000 after buying an additional 3,759,000 shares during the last quarter. Johns Hopkins University acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth $246,285,000. Moneta Group Investment Advisors LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 81,144.2% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 2,995,472 shares of the company’s stock worth $232,179,000 after buying an additional 2,991,785 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 46,962.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,943,274 shares of the company’s stock worth $223,630,000 after buying an additional 2,937,020 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.1 %

VCIT stock traded up $0.09 during mid-day trading on Friday, reaching $78.24. 9,366,433 shares of the stock traded hands, compared to its average volume of 8,131,372. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $73.78 and a 52 week high of $81.65. The business has a 50-day moving average of $79.70 and a two-hundred day moving average of $78.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were paid a dividend of $0.2944 per share. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.28. The ex-dividend date was Monday, April 1st.

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.