Manning & Napier Advisors LLC Has $10.52 Million Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Manning & Napier Advisors LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 22.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 127,106 shares of the company’s stock after acquiring an additional 22,965 shares during the quarter. Manning & Napier Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $10,518,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in VCIT. DecisionPoint Financial LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.9% during the fourth quarter. DecisionPoint Financial LLC now owns 539,643 shares of the company’s stock worth $45,195,000 after acquiring an additional 15,021 shares during the last quarter. Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at approximately $715,000. First Horizon Corp increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 323.9% during the 4th quarter. First Horizon Corp now owns 11,648 shares of the company’s stock valued at $976,000 after purchasing an additional 8,900 shares during the period. Constellation Investments Inc. increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 57.0% during the 4th quarter. Constellation Investments Inc. now owns 1,746,325 shares of the company’s stock valued at $146,255,000 after purchasing an additional 633,750 shares during the period. Finally, Peak Financial Management Inc. increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 4.2% during the 4th quarter. Peak Financial Management Inc. now owns 153,930 shares of the company’s stock valued at $12,892,000 after purchasing an additional 6,194 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.1%

Vanguard Intermediate-Term Corporate Bond ETF stock traded down $0.11 during mid-day trading on Friday, hitting $81.81. 7,594,501 shares of the stock were exchanged, compared to its average volume of 11,592,167. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $81.43 and a 12 month high of $84.84. The firm’s fifty day simple moving average is $82.38 and its two-hundred day simple moving average is $83.14.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed 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.

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.