Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Sold by CIBC Private Wealth Group LLC

CIBC Private Wealth Group LLC reduced its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 15.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,729 shares of the company’s stock after selling 2,003 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $857,000 as of its most recent SEC filing.

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

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT stock opened at $81.79 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $77.80 and a 52 week high of $84.26. The firm has a 50-day simple moving average of $81.24 and a 200-day simple moving average of $81.44.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were paid a dividend of $0.3189 per share. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. This represents a $3.83 annualized dividend and a yield of 4.68%. The ex-dividend date was Tuesday, April 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.