AlTi Global Inc. Cuts Stock Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

AlTi Global Inc. lowered its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 18.4% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 4,720 shares of the company’s stock after selling 1,067 shares during the quarter. AlTi Global Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $390,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Concorde Asset Management LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 3.0% in the 1st quarter. Concorde Asset Management LLC now owns 4,271 shares of the company’s stock valued at $347,000 after acquiring an additional 125 shares in the last quarter. Silver Oak Advisory Group Inc. lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 1.1% in the 1st quarter. Silver Oak Advisory Group Inc. now owns 11,656 shares of the company’s stock valued at $953,000 after acquiring an additional 127 shares in the last quarter. NorthRock Partners LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 54.1% in the 1st quarter. NorthRock Partners LLC now owns 376 shares of the company’s stock valued at $31,000 after acquiring an additional 132 shares in the last quarter. Berger Financial Group Inc lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 4.9% in the 1st quarter. Berger Financial Group Inc now owns 2,836 shares of the company’s stock valued at $232,000 after acquiring an additional 133 shares in the last quarter. Finally, Axis Wealth Partners LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 2.1% in the 1st quarter. Axis Wealth Partners LLC now owns 6,595 shares of the company’s stock valued at $539,000 after acquiring an additional 136 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.2%

VCIT stock opened at $84.76 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $78.66 and a 12-month high of $84.80. The stock’s 50 day simple moving average is $83.97 and its 200 day simple moving average is $82.50.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company 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. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend was Wednesday, October 1st.

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.