Matrix Trust Co Has $7.41 Million Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Matrix Trust Co raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 13.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 88,505 shares of the company’s stock after acquiring an additional 10,466 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 1.4% of Matrix Trust Co’s holdings, making the stock its 19th biggest position. Matrix Trust Co’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $7,412,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VCIT. First Financial Bankshares Inc bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth approximately $518,000. Waverly Advisors LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 63.4% during the 4th quarter. Waverly Advisors LLC now owns 225,512 shares of the company’s stock worth $18,330,000 after purchasing an additional 87,521 shares during the last quarter. Bragg Financial Advisors Inc raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.6% in the 4th quarter. Bragg Financial Advisors Inc now owns 193,288 shares of the company’s stock valued at $15,710,000 after purchasing an additional 13,656 shares during the period. Baird Financial Group Inc. lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 8.7% in the 4th quarter. Baird Financial Group Inc. now owns 1,700,085 shares of the company’s stock valued at $138,183,000 after purchasing an additional 135,765 shares during the last quarter. Finally, Financial Network Wealth Advisors LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth about $541,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ:VCIT traded down $0.10 on Thursday, hitting $82.33. The company’s stock had a trading volume of 1,394,909 shares, compared to its average volume of 6,972,338. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $73.78 and a one year high of $84.25. The stock has a fifty day moving average of $83.01 and a two-hundred day moving average of $80.91.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were issued a $0.301 dividend. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.