Investor s Fiduciary Advisor Network LLC Takes Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Investor s Fiduciary Advisor Network LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,546 shares of the company’s stock, valued at approximately $204,000.

A number of other institutional investors have also modified their holdings of VCIT. Fisher Asset Management LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 4.8% in the 4th quarter. Fisher Asset Management LLC now owns 92,783,951 shares of the company’s stock valued at $7,447,768,000 after buying an additional 4,289,340 shares during the period. Bank of America Corp DE increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 4.5% in the 4th quarter. Bank of America Corp DE now owns 63,704,527 shares of the company’s stock valued at $5,113,562,000 after buying an additional 2,752,661 shares during the period. JPMorgan Chase & Co. increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 6.3% in the 4th quarter. JPMorgan Chase & Co. now owns 50,189,734 shares of the company’s stock valued at $4,028,730,000 after buying an additional 2,992,971 shares during the period. LPL Financial LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 5.2% in the 4th quarter. LPL Financial LLC now owns 11,292,264 shares of the company’s stock valued at $906,430,000 after buying an additional 553,333 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 10,405,350 shares of the company’s stock valued at $835,237,000 after buying an additional 64,467 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT opened at $80.87 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $78.66 and a 1 year high of $84.26. The company’s fifty day moving average is $81.07 and its two-hundred day moving average is $80.99.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, May 5th. Stockholders of record on Thursday, May 1st were paid a dividend of $0.3151 per share. The ex-dividend date was Thursday, May 1st. This represents a $3.78 dividend on an annualized basis and a dividend yield of 4.68%.

Vanguard Intermediate-Term Corporate Bond ETF Company 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.