Seven Mile Advisory Has $2.48 Million Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Seven Mile Advisory cut its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 19.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,913 shares of the company’s stock after selling 7,383 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 1.6% of Seven Mile Advisory’s holdings, making the stock its 13th largest position. Seven Mile Advisory’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,481,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in VCIT. Fisher Asset Management LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 4.8% in the 4th quarter. Fisher Asset Management LLC now owns 92,783,951 shares of the company’s stock worth $7,447,768,000 after purchasing an additional 4,289,340 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.3% in the fourth quarter. JPMorgan Chase & Co. now owns 50,189,734 shares of the company’s stock worth $4,028,730,000 after buying an additional 2,992,971 shares during the last quarter. LPL Financial LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.2% in the fourth quarter. LPL Financial LLC now owns 11,292,264 shares of the company’s stock worth $906,430,000 after buying an additional 553,333 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth $323,370,000. Finally, Vanguard Group Inc. grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 6.1% in the 4th quarter. Vanguard Group Inc. now owns 3,962,387 shares of the company’s stock valued at $318,061,000 after buying an additional 227,510 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.5 %

Shares of NASDAQ:VCIT opened at $81.67 on Monday. The stock’s 50-day moving average is $81.10 and its 200-day moving average is $81.48. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $77.80 and a 52-week high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.2865 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.