Matrix Trust Co Acquires 10,466 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Matrix Trust Co raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 13.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 88,505 shares of the company’s stock after purchasing an additional 10,466 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up about 1.4% of Matrix Trust Co’s portfolio, making the stock its 19th largest holding. Matrix Trust Co’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $7,412,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Insight Advisors LLC PA bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth about $228,000. Capital Asset Advisory Services LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 12.4% during the first quarter. Capital Asset Advisory Services LLC now owns 17,337 shares of the company’s stock worth $1,379,000 after purchasing an additional 1,919 shares during the last quarter. Novak & Powell Financial Services Inc. acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at $1,463,000. Vanguard Group Inc. increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 9.2% in the 1st quarter. Vanguard Group Inc. now owns 3,404,481 shares of the company’s stock valued at $274,095,000 after purchasing an additional 286,685 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,705,190 shares of the company’s stock worth $136,296,000 after buying an additional 75,446 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT stock traded down $0.10 on Thursday, hitting $82.33. 1,394,909 shares of the company’s stock were exchanged, compared to its average volume of 6,972,338. The company has a 50 day moving average of $83.01 and a 200 day moving average of $80.91. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $73.78 and a 12 month high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were paid a $0.301 dividend. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29. The ex-dividend date was Tuesday, September 3rd.

Vanguard Intermediate-Term Corporate Bond ETF Profile

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.