IFS Group LLC Makes New Investment in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

IFS Group LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the first quarter, Holdings Channel reports. The fund acquired 7,544 shares of the company’s stock, valued at approximately $624,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Bank of America Corp DE increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.1% during the fourth quarter. Bank of America Corp DE now owns 84,849,444 shares of the company’s stock worth $7,106,141,000 after purchasing an additional 2,552,216 shares during the period. Fisher Asset Management LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.1% in the fourth quarter. Fisher Asset Management LLC now owns 83,976,379 shares of the company’s stock valued at $7,033,022,000 after buying an additional 3,339,026 shares during the period. Creative Planning boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.6% in the third quarter. Creative Planning now owns 26,438,339 shares of the company’s stock valued at $2,223,729,000 after buying an additional 927,083 shares during the period. Morgan Stanley boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 22.4% in the fourth quarter. Morgan Stanley now owns 24,048,406 shares of the company’s stock valued at $2,014,054,000 after buying an additional 4,399,400 shares during the period. Finally, LPL Financial LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 5.9% during the fourth quarter. LPL Financial LLC now owns 10,895,493 shares of the company’s stock worth $912,498,000 after buying an additional 604,588 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.26 on Thursday. The stock’s fifty day moving average price is $82.14 and its two-hundred day moving average price is $82.93. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $81.04 and a one year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.3319 per share. The ex-dividend date was Wednesday, July 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. 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.