Atomi Financial Group Inc. Reduces Stake in Vanguard Intermediate-Term Corporate Bond ETF

Atomi Financial Group Inc. has reduced its investment in the Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT – Free Report) by 36.8% in the third quarter, as revealed in its latest filing with the Securities & Exchange Commission. Following this reduction, Atomi now holds 3,352 shares, having sold 1,952 shares during this period. The value of Atomi's holdings in the fund stands at approximately $281,000.

In addition to Atomi Financial Group, various other hedge funds and institutional investors have also adjusted their positions in the Vanguard Intermediate-Term Corporate Bond ETF. For instance, Creekmur Asset Management LLC entered a new position in the ETF worth about $26,000 in the fourth quarter. Similarly, Mather Group LLC made a new investment in the first quarter valued at approximately $30,000, while Opal Wealth Advisors LLC purchased shares worth around $33,000 during the same timeframe.

Pineridge Advisors LLC increased its holdings in the ETF by 57.3% in the first quarter, bringing its total to 412 shares valued at about $33,000 after adding 150 shares. Moreover, American National Bank also boosted its stake in the ETF by 70.7% in the second quarter, owning 471 shares currently valued at $38,000 after acquiring an additional 195 shares in the most recent quarter.

Performance Overview of Vanguard Intermediate-Term Corporate Bond ETF

As of Friday, shares of NASDAQ VCIT opened at $82.50. The Vanguard Intermediate-Term Corporate Bond ETF recorded a twelve-month low of $73.78 and a high of $84.25 during this period. The ETF's fifty-day moving average stands at $83.03, while its 200-day moving average is $80.94.

Dividend Announcement from Vanguard Intermediate-Term Corporate Bond ETF

Recently, the Vanguard Intermediate-Term Corporate Bond ETF announced a dividend that was paid out on Thursday, September 5th. Shareholders who were on record as of Tuesday, September 3rd, received a dividend of $0.301 per share, an increase from the previous dividend of $0.29. The ex-dividend date was also on September 3rd.

About Vanguard Intermediate-Term Corporate Bond ETF

The Vanguard Intermediate-Term Corporate Bond ETF aims to replicate the performance of the Barclays Capital U.S. 5-10 Year Corporate Bond Index. This index is a component of the broader Barclays Capital U.S. Aggregate Float Adjusted Index and it measures the investment returns of U.S. corporate bonds with maturities from five to ten years.

Atomi, Vanguard, ETFs