Vanguard Intermediate-Term Corporate Bond ETF $VCIT Holdings Increased by FLC Capital Advisors

FLC Capital Advisors raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 6.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 146,923 shares of the company’s stock after purchasing an additional 8,759 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 2.4% of FLC Capital Advisors’ investment portfolio, making the stock its 8th largest holding. FLC Capital Advisors’ holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $12,358,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in VCIT. Fisher Asset Management LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 5.0% during the 2nd quarter. Fisher Asset Management LLC now owns 102,253,864 shares of the company’s stock valued at $8,478,891,000 after buying an additional 4,850,259 shares in the last quarter. Bank of America Corp DE raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.9% during the second quarter. Bank of America Corp DE now owns 76,387,371 shares of the company’s stock valued at $6,334,041,000 after acquiring an additional 698,576 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.6% during the second quarter. JPMorgan Chase & Co. now owns 55,312,304 shares of the company’s stock valued at $4,586,496,000 after acquiring an additional 3,404,271 shares in the last quarter. Creative Planning boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.0% in the second quarter. Creative Planning now owns 25,511,256 shares of the company’s stock valued at $2,115,393,000 after purchasing an additional 505,937 shares during the period. Finally, Wealthfront Advisers LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 69.4% in the second quarter. Wealthfront Advisers LLC now owns 4,871,726 shares of the company’s stock worth $403,964,000 after purchasing an additional 1,995,404 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT opened at $83.97 on Monday. The stock’s fifty day moving average is $84.02 and its two-hundred day moving average is $83.47. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $78.66 and a 52 week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

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

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.