Parallel Advisors LLC Buys 15,359 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Parallel Advisors LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 5.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 306,722 shares of the company’s stock after purchasing an additional 15,359 shares during the period. Parallel Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $25,381,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of VCIT. Bank of America Corp DE boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 39.6% during the 1st quarter. Bank of America Corp DE now owns 118,464,592 shares of the company’s stock worth $9,802,945,000 after buying an additional 33,615,148 shares during the period. Corient Private Wealth LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 438.6% in the 4th quarter. Corient Private Wealth LLC now owns 10,303,448 shares of the company’s stock worth $862,914,000 after acquiring an additional 8,390,355 shares during the period. Morgan Stanley raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 22.4% in the 4th quarter. Morgan Stanley now owns 24,048,406 shares of the company’s stock worth $2,014,054,000 after acquiring an additional 4,399,400 shares during the period. Fisher Asset Management LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 4.1% during the 4th quarter. Fisher Asset Management LLC now owns 83,976,379 shares of the company’s stock worth $7,033,022,000 after acquiring an additional 3,339,026 shares during the last quarter. Finally, Symetra Investment Management Co acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter worth $259,274,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT stock opened at $81.52 on Wednesday. The company has a 50-day moving average of $82.07 and a two-hundred day moving average of $82.85. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $81.03 and a 52-week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, August 5th. Investors of record on Monday, August 3rd will be given a dividend of $0.3421 per share. This represents a c) annualized dividend and a dividend yield of 5.0%. The ex-dividend date of this dividend is Monday, August 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. 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.