JPMorgan Chase & Co. Sells 2,040,937 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

JPMorgan Chase & Co. cut its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 53,271,367 shares of the company’s stock after selling 2,040,937 shares during the period. JPMorgan Chase & Co. owned about 0.08% of Vanguard Intermediate-Term Corporate Bond ETF worth $4,480,655,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of VCIT. Caldwell Trust Co bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth $25,000. Aspect Partners LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at $28,000. Chapman Financial Group LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth $31,000. NewSquare Capital LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter worth about $33,000. Finally, Abich Financial Wealth Management LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth about $35,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ VCIT opened at $84.49 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $78.66 and a 52-week high of $84.84. The company has a 50-day simple moving average of $83.86 and a 200 day simple moving average of $83.86.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were paid a $0.33 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.7%.

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.