MAI Capital Management Boosts Stock Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

MAI Capital Management raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 120.2% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 37,428 shares of the company’s stock after acquiring an additional 20,430 shares during the quarter. MAI Capital Management’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,148,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Fisher Asset Management LLC grew its holdings in shares of 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 worth $8,478,891,000 after purchasing an additional 4,850,259 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 6.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 55,312,304 shares of the company’s stock worth $4,586,496,000 after acquiring an additional 3,404,271 shares in the last quarter. Corient Private Wealth LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 93.8% in the 2nd quarter. Corient Private Wealth LLC now owns 3,915,948 shares of the company’s stock worth $324,711,000 after acquiring an additional 1,895,302 shares in the last quarter. National Bank of Canada FI increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1,249.1% during the second quarter. National Bank of Canada FI now owns 865,566 shares of the company’s stock worth $71,772,000 after acquiring an additional 801,407 shares during the period. Finally, Brevan Howard Capital Management LP bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter valued at approximately $62,044,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.0%

Shares of NASDAQ VCIT opened at $84.72 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $78.66 and a 52-week high of $84.84. The stock has a 50 day moving average price of $84.01 and a 200 day moving average price of $83.96.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were given a dividend of $0.33 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%.

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.