Constellation Investments Inc. Takes Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Constellation Investments Inc. purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 625,000 shares of the company’s stock, valued at approximately $50,169,000. Vanguard Intermediate-Term Corporate Bond ETF accounts for 2.3% of Constellation Investments Inc.’s investment portfolio, making the stock its 12th largest holding.

Other institutional investors have also added to or reduced their stakes in the company. Providence Capital Advisors LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth about $25,000. Bull Oak Capital LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth about $27,000. Sound Income Strategies LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 73.9% in the third quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock worth $30,000 after purchasing an additional 150 shares during the period. Nvwm LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 42.6% during the fourth quarter. Nvwm LLC now owns 499 shares of the company’s stock valued at $40,000 after purchasing an additional 149 shares in the last quarter. Finally, Field & Main Bank purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at approximately $52,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT opened at $80.64 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $77.80 and a 52 week high of $84.25. The business’s 50 day moving average price is $80.67 and its 200-day moving average price is $81.75.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

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.