Citigroup Inc. Has $73.77 Million Stock Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Citigroup Inc. cut its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 23.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 880,785 shares of the company’s stock after selling 277,078 shares during the quarter. Citigroup Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $73,766,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of VCIT. 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 worth $274,095,000 after buying an additional 286,685 shares during the last quarter. Waverly Advisors LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 44.1% during the 1st 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 during the last quarter. Janus Henderson Group PLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 41.1% in the 1st 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 during the period. Iron Gate Global Advisors LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 11.3% in the 1st quarter. Iron Gate Global Advisors LLC now owns 265,073 shares of the company’s stock worth $21,110,000 after purchasing an additional 27,014 shares during the last quarter. Finally, Sweeney & Michel LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter worth about $265,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.1 %

NASDAQ VCIT opened at $81.02 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $77.60 and a twelve month high of $84.25. The firm has a 50-day simple moving average of $82.29 and a 200 day simple moving average of $81.47.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

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.