Mayflower Financial Advisors LLC Trims Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Mayflower Financial Advisors LLC decreased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 22,416 shares of the company’s stock after selling 228 shares during the period. Mayflower Financial Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,859,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of VCIT. Wealthfront Advisers LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 69.4% during the 2nd quarter. Wealthfront Advisers LLC now owns 4,871,726 shares of the company’s stock valued at $403,964,000 after purchasing an additional 1,995,404 shares during the period. JPMorgan Chase & Co. increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.4% in the 1st quarter. JPMorgan Chase & Co. now owns 51,908,033 shares of the company’s stock worth $4,244,058,000 after buying an additional 1,718,299 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 10.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 11,516,340 shares of the company’s stock worth $941,576,000 after buying an additional 1,110,990 shares in 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 valued at $821,046,000 after acquiring an additional 987,197 shares during the period. Finally, Mather Group LLC. lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5,086,135.3% in the second quarter. Mather Group LLC. now owns 864,660 shares of the company’s stock valued at $71,698,000 after acquiring an additional 864,643 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.0%

NASDAQ VCIT opened at $84.81 on Wednesday. The business has a 50-day moving average price of $84.04 and a 200-day moving average price of $82.58. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $78.66 and a twelve month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were issued a $0.326 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 4.6%.

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.