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

Atomi Financial Group Inc. has announced a reduction in its holdings of the Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 36.8% during the third quarter of this financial year. This information was disclosed in the company's recent filing with the Securities and Exchange Commission (SEC). Following this decrease, Atomi holds 3,352 shares after selling 1,952 shares during the quarter. The value of Atomi's remaining stake in the Vanguard ETF is approximately $281,000, as calculated at the end of the last reporting period.

Additionally, other institutional investors and hedge funds have made adjustments to their positions in the Vanguard Intermediate-Term Corporate Bond ETF. For instance, Creekmur Asset Management LLC initiated a new investment in the ETF valued at around $26,000 in the fourth quarter. Similarly, Mather Group LLC acquired a new stake during the first quarter, with an investment of approximately $30,000. Opal Wealth Advisors LLC also entered the ETF market in the first quarter, buying shares worth about $33,000.

Furthermore, Pineridge Advisors LLC expanded its position by 57.3% in the first quarter; they now own 412 shares valued at around $33,000 following an increase of 150 shares. Lastly, American National Bank also heightened its stake by 70.7% in the second quarter, bringing their total to 471 shares with a value of approximately $38,000 after an acquisition of an additional 195 shares in the last quarter.

Price Performance of Vanguard Intermediate-Term Corporate Bond ETF

On the latest trading session, Vanguard Intermediate-Term Corporate Bond ETF shares opened at $82.50. The ETF has experienced a twelve-month low of $73.78 as well as a twelve-month high of $84.25. Its 50-day moving average stands at $83.03, while the 200-day moving average is at $80.94.

Dividend Announcement from Vanguard Intermediate-Term Corporate Bond ETF

Recently, Vanguard Intermediate-Term Corporate Bond ETF announced an increase in its dividend, which was paid to shareholders on September 5th. Investors who were on record as of September 3rd received a dividend of $0.301 per share. This is an increase compared to the previous dividend amount of $0.29 per share, signaling positive growth for the ETF.

Overview of Vanguard Intermediate-Term Corporate Bond ETF

This ETF aims to track the performance of the Barclays Capital U.S. 5-10 Year Corporate Bond Index, which is a component of the broader Barclays Capital U.S. Aggregate Float Adjusted Index. The index measures the investment returns from U.S. corporate bonds with maturities ranging between five and ten years, making the ETF a significant player in the bond market.

Atomi, Vanguard, Investment