Bessemer Group Inc. Sells 63,347 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Bessemer Group Inc. reduced its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 14.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 387,435 shares of the company’s stock after selling 63,347 shares during the period. Bessemer Group Inc. owned about 0.06% of Vanguard Intermediate-Term Corporate Bond ETF worth $31,677,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 107.9% in the 4th quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock valued at $716,000 after purchasing an additional 4,627 shares during the period. MONECO Advisors LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth approximately $210,000. Rothschild Investment LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 23.5% in the 4th quarter. Rothschild Investment LLC now owns 1,209 shares of the company’s stock valued at $97,000 after buying an additional 230 shares in the last quarter. Bank of New York Mellon Corp grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 5.1% in the fourth quarter. Bank of New York Mellon Corp now owns 1,866,598 shares of the company’s stock valued at $149,832,000 after acquiring an additional 91,367 shares during the period. Finally, Siligmueller & Norvid Wealth Advisors LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at $2,919,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCIT opened at $82.41 on Thursday. The business has a fifty day moving average of $81.26 and a two-hundred day moving average of $80.99. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $78.66 and a 52-week high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were given a dividend of $0.328 per share. The ex-dividend date was Monday, June 2nd. This represents a $3.94 dividend on an annualized basis and a dividend yield of 4.78%. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32.

Vanguard Intermediate-Term Corporate Bond ETF 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.