Axos Invest Inc. Reduces Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Axos Invest Inc. lowered its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,279 shares of the company’s stock after selling 632 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises about 0.8% of Axos Invest Inc.’s holdings, making the stock its 13th largest position. Axos Invest Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,146,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Providence Capital Advisors LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at approximately $25,000. Bull Oak Capital LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at $27,000. Sound Income Strategies LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 73.9% in the 3rd quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock valued at $30,000 after purchasing an additional 150 shares during the last quarter. Nvwm LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 42.6% during 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, Field & Main Bank purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth $52,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ VCIT opened at $80.90 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $77.80 and a one year high of $84.25. The firm’s fifty day moving average is $80.72 and its two-hundred day moving average is $81.75.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.3129 per share. The ex-dividend date was Monday, February 3rd. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.31.

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.