DAVENPORT & Co LLC Purchases 17,838 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

DAVENPORT & Co LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 15.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 134,246 shares of the company’s stock after buying an additional 17,838 shares during the period. DAVENPORT & Co LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $11,243,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VCIT. Rothschild Investment LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 17.4% in the 3rd quarter. Rothschild Investment LLC now owns 810 shares of the company’s stock valued at $68,000 after acquiring an additional 120 shares in the last quarter. Sincerus Advisory LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.5% during the fourth quarter. Sincerus Advisory LLC now owns 24,561 shares of the company’s stock worth $2,057,000 after purchasing an additional 121 shares in the last quarter. Topel & Distasi Wealth Management LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.5% in the third quarter. Topel & Distasi Wealth Management LLC now owns 25,872 shares of the company’s stock worth $2,176,000 after purchasing an additional 131 shares during the last quarter. TI Trust Inc. raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 4.4% in the third quarter. TI Trust Inc. now owns 3,226 shares of the company’s stock valued at $271,000 after purchasing an additional 135 shares in the last quarter. Finally, Cedar Point Capital Partners LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.6% in the third quarter. Cedar Point Capital Partners LLC now owns 4,159 shares of the company’s stock valued at $350,000 after purchasing an additional 145 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.3%

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $82.62 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $78.66 and a 1 year high of $84.84. The company has a 50 day simple moving average of $83.76 and a two-hundred day simple moving average of $83.95.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

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

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.