Trek Financial LLC Boosts Stake in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Trek Financial LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 68.1% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 135,501 shares of the company’s stock after buying an additional 54,912 shares during the quarter. Trek Financial LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $11,236,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Fisher Asset Management LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 5.0% during 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 last quarter. JPMorgan Chase & Co. grew its holdings 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 valued at $4,586,496,000 after purchasing an additional 3,404,271 shares during the period. Creative Planning increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 2.0% in the second quarter. Creative Planning now owns 25,511,256 shares of the company’s stock worth $2,115,393,000 after buying an additional 505,937 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.9% in 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 during the period. Finally, Wealthfront Advisers LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 69.4% in the second quarter. Wealthfront Advisers LLC now owns 4,871,726 shares of the company’s stock worth $403,964,000 after purchasing an additional 1,995,404 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.1%

Shares of VCIT stock opened at $84.00 on Wednesday. The stock has a fifty day simple moving average of $84.11 and a two-hundred day simple moving average of $83.13. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $78.66 and a 52-week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, December 3rd. Investors of record on Monday, December 1st will be issued a $0.3223 dividend. The ex-dividend date of this dividend is Monday, December 1st. This represents a c) dividend on an annualized basis and a yield of 4.6%.

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.