Vanguard Intermediate-Term Corporate Bond ETF $VCIT is Evergreen Advisors LLC’s 3rd Largest Position

Evergreen Advisors LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 5.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 614,910 shares of the company’s stock after buying an additional 31,192 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for 12.0% of Evergreen Advisors LLC’s portfolio, making the stock its 3rd largest position. Evergreen Advisors LLC owned about 0.08% of Vanguard Intermediate-Term Corporate Bond ETF worth $50,884,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of VCIT. Corient Private Wealth LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 438.6% during the 4th quarter. Corient Private Wealth LLC now owns 10,303,448 shares of the company’s stock valued at $862,914,000 after purchasing an additional 8,390,355 shares in the last quarter. Morgan Stanley increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 22.4% in the fourth quarter. Morgan Stanley now owns 24,048,406 shares of the company’s stock valued at $2,014,054,000 after buying an additional 4,399,400 shares during the last quarter. Fisher Asset Management LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.1% in the 4th quarter. Fisher Asset Management LLC now owns 83,976,379 shares of the company’s stock valued at $7,033,022,000 after acquiring an additional 3,339,026 shares during the last quarter. Bank of America Corp DE increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.1% during the fourth quarter. Bank of America Corp DE now owns 84,849,444 shares of the company’s stock valued at $7,106,141,000 after purchasing an additional 2,552,216 shares during the last quarter. Finally, Nepc LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 37.8% during the fourth quarter. Nepc LLC now owns 6,093,365 shares of the company’s stock worth $510,319,000 after acquiring an additional 1,670,078 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCIT opened at $81.93 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $81.43 and a 12-month high of $84.84. The stock’s 50 day simple moving average is $82.31 and its 200 day simple moving average is $83.10.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were issued a $0.3319 dividend. The ex-dividend date of this dividend was Wednesday, July 1st.

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. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.