Vanguard Intermediate-Term Corporate Bond ETF $VCIT Position Boosted by Howe & Rusling Inc.

Howe & Rusling Inc. boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 17.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 623,601 shares of the company’s stock after purchasing an additional 91,015 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up 3.4% of Howe & Rusling Inc.’s portfolio, making the stock its 5th largest position. Howe & Rusling Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $51,603,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in VCIT. Corient Private Wealth LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 438.6% in the fourth quarter. Corient Private Wealth LLC now owns 10,303,448 shares of the company’s stock worth $862,914,000 after buying an additional 8,390,355 shares during the period. Bank of America Corp DE lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.7% in the 3rd quarter. Bank of America Corp DE now owns 82,297,228 shares of the company’s stock valued at $6,922,020,000 after acquiring an additional 5,909,857 shares during the last quarter. Morgan Stanley boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 22.4% during the 4th quarter. Morgan Stanley now owns 24,048,406 shares of the company’s stock valued at $2,014,054,000 after acquiring an additional 4,399,400 shares during the period. Fisher Asset Management LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 4.1% during the 4th quarter. Fisher Asset Management LLC now owns 83,976,379 shares of the company’s stock valued at $7,033,022,000 after acquiring an additional 3,339,026 shares during the period. Finally, Nepc LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 37.8% during the 4th quarter. Nepc LLC now owns 6,093,365 shares of the company’s stock worth $510,319,000 after acquiring an additional 1,670,078 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT opened at $82.34 on Friday. The stock’s 50 day simple moving average is $82.48 and its 200 day simple moving average is $83.21. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $81.43 and a 1 year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st will be paid a dividend of $0.3319 per share. The ex-dividend date of this dividend is Wednesday, July 1st.

Vanguard Intermediate-Term Corporate Bond ETF 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.