Tandem Investment Partners LLC Purchases 2,680 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Tandem Investment Partners LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 8.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 33,195 shares of the company’s stock after purchasing an additional 2,680 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises about 2.4% of Tandem Investment Partners LLC’s investment portfolio, making the stock its 14th largest position. Tandem Investment Partners LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,753,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 3.4% in the first 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. grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 10.7% in the first quarter. Envestnet Asset Management Inc. now owns 11,516,340 shares of the company’s stock valued at $941,576,000 after acquiring an additional 1,110,990 shares during the period. Ameriprise Financial Inc. grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 10.9% in the first quarter. Ameriprise Financial Inc. now owns 10,033,175 shares of the company’s stock valued at $821,046,000 after acquiring an additional 987,197 shares during the period. Nepc LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 12.9% in the first quarter. Nepc LLC now owns 4,299,709 shares of the company’s stock valued at $351,544,000 after acquiring an additional 490,792 shares during the period. Finally, Raymond James Financial Inc. grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 5.8% in the first quarter. Raymond James Financial Inc. now owns 4,261,894 shares of the company’s stock valued at $348,452,000 after acquiring an additional 233,367 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.1%

Shares of NASDAQ:VCIT opened at $84.06 on Friday. The business’s fifty day moving average price is $83.56 and its two-hundred day moving average price is $82.19. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $78.66 and a fifty-two week high of $84.74.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st were given a $0.326 dividend. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date was Wednesday, October 1st.

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.