Constellation Investments Inc. Makes New $50.17 Million Investment in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Constellation Investments Inc. purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor 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 holdings, making the stock its 12th largest position. Constellation Investments Inc. owned about 0.10% of Vanguard Intermediate-Term Corporate Bond ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of VCIT. Millennium Management LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 76.0% during the 2nd quarter. Millennium Management LLC now owns 43,226 shares of the company’s stock valued at $3,455,000 after buying an additional 18,668 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the third quarter valued at about $462,000. GAMMA Investing LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth about $65,000. CWM LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 26.3% in the third quarter. CWM LLC now owns 12,820 shares of the company’s stock worth $1,074,000 after purchasing an additional 2,673 shares during the last quarter. Finally, Carnegie Investment Counsel grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 13.9% in the third quarter. Carnegie Investment Counsel now owns 23,856 shares of the company’s stock worth $1,998,000 after purchasing an additional 2,920 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.3 %

VCIT opened at $80.64 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $77.80 and a one year high of $84.25. The business has a 50 day simple moving average of $80.67 and a two-hundred day simple moving average of $81.75.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

About Vanguard Intermediate-Term Corporate Bond ETF

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.