Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. reduced its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 3,117,796 shares of the company’s stock after selling 43,201 shares during the period. Vanguard Group Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $253,414,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VCIT. Fisher Asset Management LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.6% in the 4th quarter. Fisher Asset Management LLC now owns 73,219,949 shares of the company’s stock valued at $5,951,318,000 after buying an additional 4,560,437 shares during the last quarter. Royal Bank of Canada boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 22.2% in the third quarter. Royal Bank of Canada now owns 10,642,263 shares of the company’s stock valued at $808,597,000 after acquiring an additional 1,933,732 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 19.8% during the fourth quarter. The Manufacturers Life Insurance Company now owns 9,590,500 shares of the company’s stock worth $779,516,000 after purchasing an additional 1,585,673 shares during the last quarter. Morgan Stanley increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.6% during the third quarter. Morgan Stanley now owns 9,343,865 shares of the company’s stock worth $709,947,000 after purchasing an additional 661,996 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 36.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 8,513,980 shares of the company’s stock valued at $647,208,000 after purchasing an additional 2,262,458 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCIT opened at $79.93 on Monday. The business has a 50-day moving average price of $79.55 and a 200 day moving average price of $79.95. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $73.78 and a 52-week high of $81.65.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, June 5th. Stockholders of record on Monday, June 3rd were issued a $0.2992 dividend. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29. The ex-dividend date was Monday, June 3rd.

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.