Bank of Montreal Can Boosts Stock Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Bank of Montreal Can grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 9.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 565,655 shares of the company’s stock after buying an additional 48,162 shares during the quarter. Bank of Montreal Can owned 0.08% of Vanguard Intermediate-Term Corporate Bond ETF worth $47,577,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Fisher Asset Management LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.0% in the 2nd quarter. Fisher Asset Management LLC now owns 102,253,864 shares of the company’s stock worth $8,478,891,000 after purchasing an additional 4,850,259 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 6.6% in the second quarter. JPMorgan Chase & Co. now owns 55,312,304 shares of the company’s stock worth $4,586,496,000 after purchasing an additional 3,404,271 shares in the last quarter. Corient Private Wealth LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 93.8% in the 2nd quarter. Corient Private Wealth LLC now owns 3,915,948 shares of the company’s stock worth $324,711,000 after acquiring an additional 1,895,302 shares in the last quarter. National Bank of Canada FI raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1,249.1% during the 2nd quarter. National Bank of Canada FI now owns 865,566 shares of the company’s stock valued at $71,772,000 after acquiring an additional 801,407 shares in the last quarter. Finally, Brevan Howard Capital Management LP acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at approximately $62,044,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT opened at $82.69 on Friday. The business’s fifty day moving average price is $83.99 and its 200 day moving average price is $84.00. 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 declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a $0.3026 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.4%.

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.