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

Atomi Financial Group Inc. has decreased its investment in the Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 36.8% during the third quarter, according to a recent filing with the Securities and Exchange Commission. After selling 1,952 shares during this period, Atomi Financial Group now holds 3,352 shares of the ETF. The value of these holdings is approximately $281,000 at the close of the recent reporting period.

Other institutional investors have also adjusted their positions in the Vanguard Intermediate-Term Corporate Bond ETF. For instance, Creekmur Asset Management LLC has taken a new position in the ETF valued at approximately $26,000 in the last quarter of the year. Similarly, Mather Group LLC established a stake worth around $30,000 in the first quarter, while Opal Wealth Advisors LLC bought in for about $33,000 during the same timeframe. Pineridge Advisors LLC increased its investment in the ETF by 57.3%, now owning 412 shares valued at $33,000 following their purchase of an additional 150 shares. Lastly, American National Bank has raised its holdings in the Vanguard ETF by 70.7%, now owning 471 shares valued at $38,000 after acquiring 195 additional shares in the previous quarter.

Current Share Performance

The Vanguard Intermediate-Term Corporate Bond ETF was trading at $82.50 on Friday. Over the last twelve months, its share price has fluctuated, reaching a low of $73.78 and a high of $84.25. The current fifty-day moving average stands at $83.03, while the 200-day moving average is at $80.94.

Dividend Announcement

Recently, the Vanguard Intermediate-Term Corporate Bond ETF announced an increase in its dividend. The latest dividend of $0.301 per share was paid out on Thursday, September 5th, to shareholders of record as of Tuesday, September 3rd, marking an increase from the previous dividend of $0.29.

About the 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, which tracks the investment returns of U.S. corporate bonds with maturities between five and ten years.

Atomi, Vanguard, Bond