Principal Financial Group Inc. Sells 51,582 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Principal Financial Group Inc. reduced its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 13.7% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 324,405 shares of the company’s stock after selling 51,582 shares during the quarter. Principal Financial Group Inc. owned about 0.05% of Vanguard Intermediate-Term Corporate Bond ETF worth $27,169,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bull Oak Capital LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth about $27,000. Sound Income Strategies LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 73.9% during the third quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock valued at $30,000 after purchasing an additional 150 shares during the period. Pineridge Advisors LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 57.3% in the first quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock worth $33,000 after purchasing an additional 150 shares during the last quarter. American National Bank raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 70.7% during the 2nd quarter. American National Bank now owns 471 shares of the company’s stock valued at $38,000 after buying an additional 195 shares during the last quarter. Finally, Lynx Investment Advisory bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at $42,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.01 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $75.76 and a 52-week high of $84.25. The business has a 50-day simple moving average of $82.73 and a two-hundred day simple moving average of $81.36.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

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.