Sumitomo Mitsui Financial Group Inc. Buys 1,613 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Sumitomo Mitsui Financial Group Inc. grew its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.3% in the 4th quarter, Holdings Channel reports. The firm owned 50,119 shares of the company’s stock after purchasing an additional 1,613 shares during the period. Sumitomo Mitsui Financial Group Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,023,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of VCIT. Janus Henderson Group PLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6,967.1% in the 3rd quarter. Janus Henderson Group PLC now owns 231,237 shares of the company’s stock worth $19,366,000 after acquiring an additional 227,965 shares in the last quarter. IHT Wealth Management LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.4% in the 3rd quarter. IHT Wealth Management LLC now owns 8,322 shares of the company’s stock worth $697,000 after buying an additional 783 shares during the period. Stifel Financial Corp increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 19.9% in the 3rd quarter. Stifel Financial Corp now owns 547,398 shares of the company’s stock worth $45,846,000 after acquiring an additional 90,907 shares in the last quarter. EP Wealth Advisors LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 14.8% during the 3rd quarter. EP Wealth Advisors LLC now owns 19,607 shares of the company’s stock valued at $1,642,000 after acquiring an additional 2,534 shares during the period. Finally, National Bank of Canada FI grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 239.8% in the third quarter. National Bank of Canada FI now owns 157,221 shares of the company’s stock worth $13,167,000 after purchasing an additional 110,954 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.3 %

VCIT stock opened at $81.79 on Monday. The firm has a 50 day moving average price of $81.24 and a 200-day moving average price of $81.41. 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 Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were issued a dividend of $0.3189 per share. The ex-dividend date was Tuesday, April 1st. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. This represents a $3.83 annualized dividend and a dividend yield of 4.68%.

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.