Ameriprise Financial Inc. Sells 1,658,870 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Ameriprise Financial Inc. trimmed its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 20.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,548,792 shares of the company’s stock after selling 1,658,870 shares during the quarter. Ameriprise Financial Inc. owned 0.98% of Vanguard Intermediate-Term Corporate Bond ETF worth $550,420,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Fisher Asset Management LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 5.0% in the second quarter. Fisher Asset Management LLC now owns 102,253,864 shares of the company’s stock valued at $8,478,891,000 after acquiring an additional 4,850,259 shares during the period. JPMorgan Chase & Co. lifted its stake in 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 worth $4,586,496,000 after purchasing an additional 3,404,271 shares during the period. Corient Private Wealth LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 93.8% during the second quarter. Corient Private Wealth LLC now owns 3,915,948 shares of the company’s stock valued at $324,711,000 after purchasing an additional 1,895,302 shares in the last quarter. Creative Planning boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 3.6% during the third quarter. Creative Planning now owns 26,438,339 shares of the company’s stock valued at $2,223,729,000 after purchasing an additional 927,083 shares in the last quarter. Finally, National Bank of Canada FI grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1,249.1% in the 2nd quarter. National Bank of Canada FI now owns 865,566 shares of the company’s stock valued at $71,772,000 after purchasing an additional 801,407 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.3%

VCIT stock opened at $82.46 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $78.66 and a 1-year high of $84.84. The business’s 50 day moving average is $83.96 and its 200-day moving average is $84.00.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a $0.3026 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.4%.

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.