Rebalance LLC Grows Stake in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Rebalance LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 1,047,605 shares of the company’s stock after acquiring an additional 38,830 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 5.1% of Rebalance LLC’s investment portfolio, making the stock its 6th biggest position. Rebalance LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $87,737,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of VCIT. Fisher Asset Management LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.0% during the second quarter. Fisher Asset Management LLC now owns 102,253,864 shares of the company’s stock valued at $8,478,891,000 after purchasing an additional 4,850,259 shares in the last quarter. Bank of America Corp DE boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.7% during the third quarter. Bank of America Corp DE now owns 82,297,228 shares of the company’s stock valued at $6,922,020,000 after buying an additional 5,909,857 shares during the last quarter. Creative Planning increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 3.6% in 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. Envestnet Asset Management Inc. increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 2.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 10,372,500 shares of the company’s stock worth $872,431,000 after buying an additional 286,124 shares in the last quarter. Finally, Wealthfront Advisers LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 3.9% in the 3rd quarter. Wealthfront Advisers LLC now owns 5,061,712 shares of the company’s stock worth $425,741,000 after buying an additional 189,986 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT opened at $82.30 on Tuesday. The company’s 50-day simple moving average is $83.66 and its two-hundred day simple moving average is $83.91. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $78.66 and a 52-week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.3026 per share. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend was Monday, March 2nd.

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. 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.