Resona Asset Management Co. Ltd. Has $1.52 Million Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Resona Asset Management Co. Ltd. decreased its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 50.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 18,322 shares of the company’s stock after selling 18,702 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,516,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. HHM Wealth Advisors LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter valued at about $29,000. Brown Brothers Harriman & Co. grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 136.1% during the 4th quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock worth $29,000 after acquiring an additional 200 shares during the period. Richards Merrill & Peterson Inc. purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth about $30,000. Monetary Solutions Ltd bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at $30,000. Finally, Chapman Financial Group LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at $31,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT stock opened at $81.46 on Tuesday. The firm has a 50 day moving average of $82.35 and a 200-day moving average of $83.13. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $81.43 and a 12 month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were paid a dividend of $0.3319 per share. The ex-dividend date of this dividend was Wednesday, July 1st.

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. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.