Bank of America Corp DE Has $6.33 Billion Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Bank of America Corp DE raised its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 0.9% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 76,387,371 shares of the company’s stock after purchasing an additional 698,576 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up about 0.5% of Bank of America Corp DE’s investment portfolio, making the stock its 29th biggest holding. Bank of America Corp DE owned about 11.57% of Vanguard Intermediate-Term Corporate Bond ETF worth $6,334,041,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Global Retirement Partners LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth approximately $10,304,000. Grandview Asset Management LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 5.1% in the second quarter. Grandview Asset Management LLC now owns 13,352 shares of the company’s stock valued at $1,107,000 after buying an additional 643 shares in the last quarter. Sage Rhino Capital LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.6% in the second quarter. Sage Rhino Capital LLC now owns 89,152 shares of the company’s stock valued at $7,392,000 after buying an additional 494 shares in the last quarter. HB Wealth Management LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at approximately $479,000. Finally, CWA Asset Management Group LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 16.4% during the second quarter. CWA Asset Management Group LLC now owns 376,436 shares of the company’s stock worth $31,214,000 after acquiring an additional 53,098 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCIT opened at $83.69 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $78.66 and a 12 month high of $84.84. The company’s fifty day simple moving average is $84.09 and its 200 day simple moving average is $83.27.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Monday, December 1st were paid a $0.3223 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) annualized dividend and a dividend yield of 4.6%.

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.