Penserra Capital Management LLC Sells 48,380 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Penserra Capital Management LLC trimmed its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 14.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 292,533 shares of the company’s stock after selling 48,380 shares during the quarter. Penserra Capital Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $24,499,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 9.2% during the first quarter. Vanguard Group Inc. now owns 3,404,481 shares of the company’s stock valued at $274,095,000 after purchasing an additional 286,685 shares in the last quarter. Waverly Advisors LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 44.1% during the first quarter. Waverly Advisors LLC now owns 324,986 shares of the company’s stock valued at $26,165,000 after purchasing an additional 99,474 shares in the last quarter. Janus Henderson Group PLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 41.1% during the first quarter. Janus Henderson Group PLC now owns 550,181 shares of the company’s stock valued at $44,295,000 after purchasing an additional 160,367 shares in the last quarter. Iron Gate Global Advisors LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 11.3% during the first quarter. Iron Gate Global Advisors LLC now owns 265,073 shares of the company’s stock valued at $21,110,000 after purchasing an additional 27,014 shares in the last quarter. Finally, Sweeney & Michel LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the first quarter valued at $265,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.1 %

Shares of NASDAQ:VCIT opened at $81.02 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $77.60 and a 1 year high of $84.25. The stock’s fifty day moving average price is $82.29 and its 200-day moving average price is $81.47.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were issued a dividend of $0.3166 per share. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. This represents a $3.80 dividend on an annualized basis and a dividend yield of 4.69%. The ex-dividend date was Friday, November 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.