BIP Wealth LLC Has $4.13 Million Stock Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

BIP Wealth LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 8.9% during the 4th quarter, HoldingsChannel reports. The fund owned 51,457 shares of the company’s stock after acquiring an additional 4,191 shares during the quarter. BIP Wealth LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,130,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Fisher Asset Management LLC raised its stake 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 in the last quarter. Raymond James Financial Inc. bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at about $323,370,000. JPMorgan Chase & Co. increased its holdings 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 buying an additional 2,992,971 shares during the period. Life Planning Partners Inc raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7,732.2% in the 4th quarter. Life Planning Partners Inc now owns 2,308,083 shares of the company’s stock valued at $185,270,000 after buying an additional 2,278,614 shares in the last quarter. Finally, American Family Investments Inc. lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 51.9% during the 4th quarter. American Family Investments Inc. now owns 2,677,000 shares of the company’s stock worth $214,883,000 after acquiring an additional 915,000 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCIT opened at $80.95 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $78.66 and a 1 year high of $84.26. The company’s 50 day simple moving average is $81.16 and its 200 day simple moving average is $81.04.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, May 5th. Stockholders of record on Thursday, May 1st will be paid a $0.3151 dividend. The ex-dividend date of this dividend is Thursday, May 1st. This represents a $3.78 annualized dividend and a dividend yield of 4.67%.

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.