Jones Financial Companies Lllp Has $48.74 Million Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Jones Financial Companies Lllp raised its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 30.1% during the third quarter, Holdings Channel reports. The firm owned 580,685 shares of the company’s stock after purchasing an additional 134,348 shares during the period. Jones Financial Companies Lllp’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $48,737,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. TI Trust Inc. grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 4.4% in the third quarter. TI Trust Inc. now owns 3,226 shares of the company’s stock worth $271,000 after purchasing an additional 135 shares during the period. Leo Wealth LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.8% during the second quarter. Leo Wealth LLC now owns 7,998 shares of the company’s stock valued at $651,000 after acquiring an additional 143 shares in the last quarter. Cedar Point Capital Partners LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.6% in the 3rd quarter. Cedar Point Capital Partners LLC now owns 4,159 shares of the company’s stock worth $350,000 after purchasing an additional 145 shares in the last quarter. Stevens Capital Partners increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 5.2% during the 3rd quarter. Stevens Capital Partners now owns 2,921 shares of the company’s stock valued at $246,000 after purchasing an additional 145 shares in the last quarter. Finally, Wallace Advisory Group LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.1% in the second quarter. Wallace Advisory Group LLC now owns 4,984 shares of the company’s stock valued at $407,000 after buying an additional 149 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.5%

VCIT stock opened at $83.52 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $78.66 and a 52-week high of $84.84. The business has a 50-day simple moving average of $83.92 and a two-hundred day simple moving average of $83.78.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd will be issued a dividend of $0.33 per share. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.7%.

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. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.