Principal Financial Group Inc. Has $18.54 Million Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

by · The Cerbat Gem

Principal Financial Group Inc. cut its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT – Free Report) by 31.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 220,395 shares of the company’s stock after selling 103,055 shares during the period. Principal Financial Group Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $18,537,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Fisher Asset Management LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 5.0% during the 2nd quarter. Fisher Asset Management LLC now owns 102,253,864 shares of the company’s stock worth $8,478,891,000 after purchasing an additional 4,850,259 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 55,312,304 shares of the company’s stock worth $4,586,496,000 after purchasing an additional 3,404,271 shares in the last quarter. Wealthfront Advisers LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 69.4% in the second quarter. Wealthfront Advisers LLC now owns 4,871,726 shares of the company’s stock valued at $403,964,000 after buying an additional 1,995,404 shares in the last quarter. Corient Private Wealth LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 93.8% during the second quarter. Corient Private Wealth LLC now owns 3,915,948 shares of the company’s stock worth $324,711,000 after buying an additional 1,895,302 shares in the last quarter. Finally, National Bank of Canada FI raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 1,249.1% in the 2nd quarter. National Bank of Canada FI now owns 865,566 shares of the company’s stock valued at $71,772,000 after acquiring an additional 801,407 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.0%

VCIT stock opened at $83.87 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $78.66 and a 52 week high of $84.84. The business has a 50-day simple moving average of $83.85 and a 200 day simple moving average of $83.81.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.33 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend was Monday, February 2nd.

Vanguard Intermediate-Term Corporate Bond ETF Company Profile

(Free Report)

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. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.

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