Vanguard Intermediate-Term Corporate Bond ETF $VCIT is Tide Cove Capital Partners LLC’s 10th Largest Position

Tide Cove Capital Partners LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 2.5% in the 2nd quarter, Holdings Channel reports. The firm owned 59,460 shares of the company’s stock after acquiring an additional 1,450 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 3.9% of Tide Cove Capital Partners LLC’s portfolio, making the stock its 10th largest position. Tide Cove Capital Partners LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,905,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 3.4% in the 1st quarter. JPMorgan Chase & Co. now owns 51,908,033 shares of the company’s stock valued at $4,244,058,000 after purchasing an additional 1,718,299 shares during the period. Envestnet Asset Management Inc. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 10.7% during the first quarter. Envestnet Asset Management Inc. now owns 11,516,340 shares of the company’s stock valued at $941,576,000 after buying an additional 1,110,990 shares during the period. Ameriprise Financial Inc. grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 10.9% during the first quarter. Ameriprise Financial Inc. now owns 10,033,175 shares of the company’s stock worth $821,046,000 after buying an additional 987,197 shares in the last quarter. Mather Group LLC. increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 5,086,135.3% in the 2nd quarter. Mather Group LLC. now owns 864,660 shares of the company’s stock worth $71,698,000 after acquiring an additional 864,643 shares during the last quarter. Finally, Venturi Wealth Management LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 11,596.4% during the 2nd quarter. Venturi Wealth Management LLC now owns 668,447 shares of the company’s stock valued at $55,428,000 after acquiring an additional 662,732 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCIT opened at $84.59 on Friday. The business has a 50-day moving average of $83.78 and a 200-day moving average of $82.35. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $78.66 and a 12 month high of $84.74.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were issued a dividend of $0.326 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Wednesday, October 1st.

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.