Twin Cities Retirement Group LLC Has $19.59 Million Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Twin Cities Retirement Group LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 8.5% in the second quarter, HoldingsChannel reports. The institutional investor owned 237,048 shares of the company’s stock after buying an additional 18,527 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up about 16.8% of Twin Cities Retirement Group LLC’s holdings, making the stock its largest holding. Twin Cities Retirement Group LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $19,592,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of VCIT. Bank of America Corp DE increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 39.6% in the first quarter. Bank of America Corp DE now owns 118,464,592 shares of the company’s stock valued at $9,802,945,000 after acquiring an additional 33,615,148 shares during the last quarter. Fisher Asset Management LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 4.1% during the fourth quarter. Fisher Asset Management LLC now owns 83,976,379 shares of the company’s stock valued at $7,033,022,000 after purchasing an additional 3,339,026 shares during the last quarter. Creative Planning boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 3.6% during the third quarter. Creative Planning now owns 26,438,339 shares of the company’s stock valued at $2,223,729,000 after purchasing an additional 927,083 shares during the last quarter. Morgan Stanley grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 22.4% in the fourth quarter. Morgan Stanley now owns 24,048,406 shares of the company’s stock valued at $2,014,054,000 after purchasing an additional 4,399,400 shares in the last quarter. Finally, LPL Financial LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 5.9% in the fourth quarter. LPL Financial LLC now owns 10,895,493 shares of the company’s stock valued at $912,498,000 after purchasing an additional 604,588 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.3%

NASDAQ:VCIT opened at $81.28 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $81.03 and a twelve month high of $84.84. The stock’s 50 day moving average price is $82.02 and its two-hundred day moving average price is $82.82.

Vanguard Intermediate-Term Corporate Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, August 5th. Investors of record on Monday, August 3rd were paid a $0.3421 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 5.1%.

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.