Financial Advisory Partners LLC Grows Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Financial Advisory Partners LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 20.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 501,743 shares of the company’s stock after acquiring an additional 83,952 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for 14.0% of Financial Advisory Partners LLC’s holdings, making the stock its biggest position. Financial Advisory Partners LLC owned 0.08% of Vanguard Intermediate-Term Corporate Bond ETF worth $42,021,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Fisher Asset Management LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.4% during the fourth quarter. Fisher Asset Management LLC now owns 73,066,770 shares of the company’s stock worth $5,938,867,000 after buying an additional 4,407,258 shares during the period. JPMorgan Chase & Co. lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 6.6% during the 1st quarter. JPMorgan Chase & Co. now owns 62,648,363 shares of the company’s stock worth $5,043,820,000 after acquiring an additional 3,892,110 shares during the period. Creative Planning grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 1.1% during the 2nd quarter. Creative Planning now owns 23,672,489 shares of the company’s stock valued at $1,892,142,000 after purchasing an additional 269,015 shares during the last quarter. Prudential PLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 81.9% in the second quarter. Prudential PLC now owns 22,681,050 shares of the company’s stock valued at $1,812,896,000 after purchasing an additional 10,210,788 shares during the period. Finally, LPL Financial LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.7% during the second quarter. LPL Financial LLC now owns 10,363,537 shares of the company’s stock worth $828,357,000 after purchasing an additional 68,907 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT traded down $0.01 during trading on Thursday, reaching $82.42. 1,777,156 shares of the company’s stock were exchanged, compared to its average volume of 6,974,288. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $73.78 and a 1 year high of $84.25. The company’s fifty day simple moving average is $83.01 and its 200-day simple moving average is $80.91.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

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.