Vanguard Intermediate-Term Corporate Bond Index Fund (NASDAQ:VCIT) Hits New 1-Year Low at $77.95

Vanguard Intermediate-Term Corporate Bond Index Fund (NASDAQ:VCITGet Rating)’s share price reached a new 52-week low on Monday . The stock traded as low as $77.95 and last traded at $78.07, with a volume of 56064 shares changing hands. The stock had previously closed at $78.32.

Vanguard Intermediate-Term Corporate Bond Index Fund Stock Down 0.7 %

The company’s fifty day simple moving average is $80.76 and its two-hundred day simple moving average is $81.92.

Vanguard Intermediate-Term Corporate Bond Index Fund Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, September 7th. Shareholders of record on Friday, September 2nd were issued a $0.207 dividend. This represents a $2.48 dividend on an annualized basis and a yield of 3.20%. This is a positive change from Vanguard Intermediate-Term Corporate Bond Index Fund’s previous monthly dividend of $0.19. The ex-dividend date of this dividend was Thursday, September 1st.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Prudential Financial Inc. bought a new position in Vanguard Intermediate-Term Corporate Bond Index Fund during the second quarter worth about $398,173,000. Meiji Yasuda Life Insurance Co grew its position in shares of Vanguard Intermediate-Term Corporate Bond Index Fund by 27.7% during the 1st quarter. Meiji Yasuda Life Insurance Co now owns 17,339,000 shares of the company’s stock worth $1,491,848,000 after purchasing an additional 3,759,000 shares in the last quarter. Voya Investment Management LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond Index Fund during the second quarter worth approximately $244,750,000. Charles Schwab Investment Advisory Inc. raised its position in shares of Vanguard Intermediate-Term Corporate Bond Index Fund by 4.3% in the first quarter. Charles Schwab Investment Advisory Inc. now owns 54,490,316 shares of the company’s stock valued at $4,688,347,000 after buying an additional 2,231,681 shares in the last quarter. Finally, Ronald Blue Trust Inc. bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond Index Fund in the second quarter valued at approximately $184,299,000.

About Vanguard Intermediate-Term Corporate Bond Index Fund

(Get Rating)

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.

Further Reading

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