Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Bought by Fiduciary Trust Co

Fiduciary Trust Co raised its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 7.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,723 shares of the company’s stock after purchasing an additional 765 shares during the quarter. Fiduciary Trust Co’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $861,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Fisher Asset Management LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.8% in the 4th quarter. Fisher Asset Management LLC now owns 92,783,951 shares of the company’s stock valued at $7,447,768,000 after acquiring an additional 4,289,340 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at $323,370,000. JPMorgan Chase & Co. raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.3% in the 4th quarter. JPMorgan Chase & Co. now owns 50,189,734 shares of the company’s stock valued at $4,028,730,000 after acquiring an additional 2,992,971 shares during the period. Bank of America Corp DE raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.5% in the 4th quarter. Bank of America Corp DE now owns 63,704,527 shares of the company’s stock valued at $5,113,562,000 after acquiring an additional 2,752,661 shares during the period. Finally, Life Planning Partners Inc raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7,732.2% in the 4th quarter. Life Planning Partners Inc now owns 2,308,083 shares of the company’s stock valued at $185,270,000 after acquiring an additional 2,278,614 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT stock opened at $80.87 on Monday. The company’s fifty day simple moving average is $81.07 and its 200-day simple moving average is $80.99. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $78.66 and a 52 week high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, May 5th. Stockholders of record on Thursday, May 1st were paid a $0.3151 dividend. This represents a $3.78 dividend on an annualized basis and a dividend yield of 4.68%. The ex-dividend date of this dividend was Thursday, May 1st.

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.