Cambridge Investment Research Advisors Inc. Purchases 74,859 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Cambridge Investment Research Advisors Inc. grew its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 9.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 893,254 shares of the company’s stock after acquiring an additional 74,859 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $74,810,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of VCIT. Brighton Jones LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 107.9% during the 4th quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock worth $716,000 after buying an additional 4,627 shares during the period. Daiwa Securities Group Inc. boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.4% during the 2nd quarter. Daiwa Securities Group Inc. now owns 54,690 shares of the company’s stock worth $4,535,000 after buying an additional 2,300 shares during the period. Qube Research & Technologies Ltd boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 67.1% during the 2nd quarter. Qube Research & Technologies Ltd now owns 298,502 shares of the company’s stock worth $24,752,000 after buying an additional 119,837 shares during the period. Squarepoint Ops LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 347.4% during the 2nd quarter. Squarepoint Ops LLC now owns 15,132 shares of the company’s stock worth $1,255,000 after buying an additional 11,750 shares during the period. Finally, Main Street Financial Solutions LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 8.6% during the 2nd quarter. Main Street Financial Solutions LLC now owns 18,100 shares of the company’s stock worth $1,501,000 after buying an additional 1,433 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.6%

Shares of VCIT stock opened at $82.00 on Friday. The company has a 50-day simple moving average of $82.88 and a 200 day simple moving average of $83.61. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $80.42 and a 52 week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were issued a dividend of $0.3262 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 4.8%.

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.