Captrust Financial Advisors Sells 3,439 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Captrust Financial Advisors trimmed its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 97,754 shares of the company’s stock after selling 3,439 shares during the quarter. Captrust Financial Advisors’ holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $7,847,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of VCIT. Fisher Asset Management LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.8% during the 4th quarter. Fisher Asset Management LLC now owns 92,783,951 shares of the company’s stock valued at $7,447,768,000 after acquiring an additional 4,289,340 shares during the last quarter. Bank of America Corp DE grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.5% during the fourth quarter. Bank of America Corp DE now owns 63,704,527 shares of the company’s stock worth $5,113,562,000 after purchasing an additional 2,752,661 shares during the period. JPMorgan Chase & Co. increased its holdings in 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 valued at $4,028,730,000 after purchasing an additional 2,992,971 shares during the last quarter. LPL Financial LLC increased its holdings in 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 valued at $906,430,000 after purchasing an additional 553,333 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 10,405,350 shares of the company’s stock valued at $835,237,000 after buying an additional 64,467 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $80.88 on Friday. The business has a 50-day moving average of $81.09 and a 200-day moving average of $81.01. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $78.66 and a 1 year high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, May 5th. Shareholders of record on Thursday, May 1st were paid a $0.3151 dividend. This represents a $3.78 annualized dividend and a yield of 4.68%. The ex-dividend date of this dividend was Thursday, May 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.