Cerity Partners LLC Decreases Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Cerity Partners LLC lowered its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 19.7% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 40,817 shares of the company’s stock after selling 10,028 shares during the period. Cerity Partners LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,337,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in VCIT. JPMorgan Chase & Co. raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.3% during the fourth quarter. JPMorgan Chase & Co. now owns 50,189,734 shares of the company’s stock valued at $4,028,730,000 after acquiring an additional 2,992,971 shares during the last quarter. Bank of America Corp DE grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.5% in the fourth quarter. Bank of America Corp DE now owns 63,704,527 shares of the company’s stock worth $5,113,562,000 after purchasing an additional 2,752,661 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 10.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 11,516,340 shares of the company’s stock valued at $941,576,000 after purchasing an additional 1,110,990 shares during the period. American Family Investments Inc. raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 51.9% during the 4th quarter. American Family Investments Inc. now owns 2,677,000 shares of the company’s stock valued at $214,883,000 after purchasing an additional 915,000 shares during the last quarter. Finally, Wells Fargo & Company MN raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 10.2% during the 4th quarter. Wells Fargo & Company MN now owns 9,154,276 shares of the company’s stock valued at $734,814,000 after purchasing an additional 845,313 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.2%

NASDAQ VCIT opened at $82.25 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $78.66 and a fifty-two week high of $84.26. The stock has a 50 day simple moving average of $81.71 and a two-hundred day simple moving average of $81.16.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, July 3rd. Investors of record on Tuesday, July 1st were issued a dividend of $0.3207 per share. The ex-dividend date was Tuesday, July 1st. This represents a $3.85 dividend on an annualized basis and a dividend yield of 4.68%.

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.