Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Purchased by Liberty Capital Management Inc.

Liberty Capital Management Inc. lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 6.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,248 shares of the company’s stock after purchasing an additional 579 shares during the period. Liberty Capital Management Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $767,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of VCIT. JPMorgan Chase & Co. lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.4% during the 1st quarter. JPMorgan Chase & Co. now owns 51,908,033 shares of the company’s stock valued at $4,244,058,000 after acquiring an additional 1,718,299 shares during the period. Envestnet Asset Management Inc. raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 10.7% during the first quarter. Envestnet Asset Management Inc. now owns 11,516,340 shares of the company’s stock worth $941,576,000 after purchasing an additional 1,110,990 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 10.9% during the first quarter. Ameriprise Financial Inc. now owns 10,033,175 shares of the company’s stock worth $821,046,000 after purchasing an additional 987,197 shares during the last quarter. Mather Group LLC. raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 5,086,135.3% during the second quarter. Mather Group LLC. now owns 864,660 shares of the company’s stock worth $71,698,000 after purchasing an additional 864,643 shares during the last quarter. Finally, Nepc LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 12.9% during the first quarter. Nepc LLC now owns 4,299,709 shares of the company’s stock worth $351,544,000 after purchasing an additional 490,792 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT stock opened at $84.11 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $78.66 and a 1 year high of $84.74. The stock has a fifty day moving average price of $83.47 and a 200 day moving average price of $82.13.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st will be paid a dividend of $0.326 per share. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend is Wednesday, October 1st.

About Vanguard Intermediate-Term Corporate Bond ETF

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.