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

Atomi Financial Group Inc. has made significant adjustments to its investment portfolio concerning the Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT). Recently, the firm reported a reduction in its stake by 36.8% during the third quarter. This information comes from Atomi's latest filing with the Securities and Exchange Commission (SEC).

After selling 1,952 shares in the third quarter, Atomi Financial Group now holds 3,352 shares of the ETF. As of the most recent reporting period, the value of Atomi's holdings in Vanguard Intermediate-Term Corporate Bond ETF is approximately $281,000.

Other institutional investors have also been active in modifying their positions in Vanguard Intermediate-Term Corporate Bond ETF. For instance, Creekmur Asset Management LLC initiated a new investment in the ETF during the fourth quarter, which is valued at around $26,000. Similarly, Mather Group LLC made its first quarter entry into the ETF with approximately $30,000. Opal Wealth Advisors LLC also acquired new shares worth about $33,000 in the same quarter.

Additionally, Pineridge Advisors LLC increased its stake in the ETF by 57.3% in the first quarter, resulting in ownership of 412 shares valued at around $33,000. American National Bank also grew its investment significantly, increasing its shares by 70.7% in the second quarter, now holding 471 shares with a value of approximately $38,000.

Performance of Vanguard Intermediate-Term Corporate Bond ETF

On a recent trading day, shares of Vanguard Intermediate-Term Corporate Bond ETF opened at $82.50. Over the past year, the ETF has seen a low of $73.78 and a high of $84.25. The fifty-day moving average stands at $83.03, while the 200-day moving average is recorded at $80.94.

Recent Dividend Announcement

In addition to changes in holdings, Vanguard Intermediate-Term Corporate Bond ETF recently announced a new dividend. This dividend was paid out on September 5th to shareholders who were on record by September 3rd. Each shareholder received $0.301 per share, reflecting an increase from the previous dividend of $0.29.

About the Vanguard Intermediate-Term Corporate Bond 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 is part of the broader Barclays Capital U.S. Aggregate Float Adjusted Index. The specific index measures the investment returns of U.S. corporate bonds that fall within a five-to-ten-year maturity range.

investment, funds, bonds