Trek Financial LLC Lowers Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Trek Financial LLC trimmed its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 8.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 89,919 shares of the company’s stock after selling 8,060 shares during the quarter. Trek Financial LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $7,218,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of VCIT. Fisher Asset Management LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.8% during the fourth 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 last quarter. JPMorgan Chase & Co. lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 6.3% during the 4th quarter. JPMorgan Chase & Co. now owns 50,189,734 shares of the company’s stock worth $4,028,730,000 after acquiring an additional 2,992,971 shares during the period. LPL Financial LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 5.2% during the 4th quarter. LPL Financial LLC now owns 11,292,264 shares of the company’s stock valued at $906,430,000 after purchasing an additional 553,333 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 10,405,350 shares of the company’s stock valued at $835,237,000 after purchasing an additional 64,467 shares during the period. Finally, Wells Fargo & Company MN increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.2% in the fourth quarter. Wells Fargo & Company MN now owns 9,154,276 shares of the company’s stock valued at $734,814,000 after purchasing an additional 845,313 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.3 %

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.79 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $77.80 and a 52 week high of $84.26. The stock has a 50-day moving average price of $81.24 and a 200 day moving average price of $81.42.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were issued a $0.3189 dividend. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. This represents a $3.83 annualized dividend and a dividend yield of 4.68%. The ex-dividend date was Tuesday, April 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.