Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. reduced its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 51,306,322 shares of the company’s stock after selling 1,965,045 shares during the period. JPMorgan Chase & Co. owned approximately 7.21% of Vanguard Intermediate-Term Corporate Bond ETF worth $4,296,905,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of VCIT. DecisionPoint Financial LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 2.9% during the 4th quarter. DecisionPoint Financial LLC now owns 539,643 shares of the company’s stock worth $45,195,000 after acquiring an additional 15,021 shares during the period. Coyle Financial Counsel LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 17.1% during the 3rd quarter. Coyle Financial Counsel LLC now owns 173,219 shares of the company’s stock worth $14,569,000 after acquiring an additional 25,336 shares during the period. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth about $715,000. Atria Investments Inc boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 9.4% during the 3rd quarter. Atria Investments Inc now owns 159,010 shares of the company’s stock worth $13,374,000 after acquiring an additional 13,632 shares during the period. Finally, Ameritas Investment Partners Inc. boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 7.9% during the 3rd quarter. Ameritas Investment Partners Inc. now owns 234,801 shares of the company’s stock worth $19,749,000 after acquiring an additional 17,222 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ VCIT opened at $81.91 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $81.00 and a one year high of $84.84. The business has a 50-day moving average price of $82.67 and a two-hundred day moving average price of $83.43.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were given a dividend of $0.3412 per share. This represents a c) dividend on an annualized basis and a yield of 5.0%. The ex-dividend date was Monday, June 1st. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33.

Vanguard Intermediate-Term Corporate Bond ETF 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. 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.