Frisco Financial Planning LLC Has $10.32 Million Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Frisco Financial Planning LLC decreased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 5.4% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 124,918 shares of the company’s stock after selling 7,184 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up 7.8% of Frisco Financial Planning LLC’s holdings, making the stock its 6th biggest holding. Frisco Financial Planning LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $10,324,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Bank of America Corp DE lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 39.6% during the first quarter. Bank of America Corp DE now owns 118,464,592 shares of the company’s stock worth $9,802,945,000 after purchasing an additional 33,615,148 shares in the last quarter. Fisher Asset Management LLC lifted its holdings 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 buying an additional 3,339,026 shares in the last quarter. Creative Planning lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 3.6% during the 3rd quarter. Creative Planning now owns 26,438,339 shares of the company’s stock worth $2,223,729,000 after buying an additional 927,083 shares in the last quarter. Morgan Stanley boosted its position 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 valued at $2,014,054,000 after buying an additional 4,399,400 shares during the last quarter. Finally, LPL Financial LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.9% in the 4th quarter. LPL Financial LLC now owns 10,895,493 shares of the company’s stock valued at $912,498,000 after buying an additional 604,588 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.2%

Shares of VCIT opened at $81.11 on Tuesday. The stock’s fifty day simple moving average is $82.09 and its 200-day simple moving average is $82.87. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $81.03 and a 12-month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, August 5th. Stockholders of record on Monday, August 3rd will be given a dividend of $0.3421 per share. The ex-dividend date is Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 5.1%.

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. 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.