Vanguard Intermediate-Term Corporate Bond ETF $VCIT Stake Boosted by WestEnd Advisors LLC

WestEnd Advisors LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 10.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 687,575 shares of the company’s stock after acquiring an additional 64,578 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up 1.4% of WestEnd Advisors LLC’s portfolio, making the stock its 17th biggest holding. WestEnd Advisors LLC owned 0.10% of Vanguard Intermediate-Term Corporate Bond ETF worth $57,833,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Brighton Jones LLC raised its stake 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 purchasing an additional 4,627 shares in the last quarter. Ieq Capital LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the first quarter worth approximately $241,000. AQR Capital Management LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 8.6% during the first quarter. AQR Capital Management LLC now owns 109,667 shares of the company’s stock valued at $8,966,000 after acquiring an additional 8,651 shares in the last quarter. Coordinated Financial Services Inc. CO acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the first quarter valued at approximately $1,292,000. Finally, Ashton Thomas Private Wealth LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 9.4% in the first quarter. Ashton Thomas Private Wealth LLC now owns 13,860 shares of the company’s stock valued at $1,133,000 after acquiring an additional 1,193 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT opened at $83.74 on Monday. The company’s fifty day moving average is $83.94 and its 200-day moving average is $83.54. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $78.66 and a 12 month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

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

Vanguard Intermediate-Term Corporate Bond ETF Company 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.