Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Holdings Raised by CWA Asset Management Group LLC

CWA Asset Management Group LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 20.4% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 323,338 shares of the company’s stock after acquiring an additional 54,853 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for 1.3% of CWA Asset Management Group LLC’s investment portfolio, making the stock its 11th biggest holding. CWA Asset Management Group LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $26,436,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Fisher Asset Management LLC grew 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. Bank of America Corp DE grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.5% in the 4th quarter. Bank of America Corp DE now owns 63,704,527 shares of the company’s stock valued at $5,113,562,000 after buying an additional 2,752,661 shares in the last quarter. 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 worth $4,028,730,000 after buying an additional 2,992,971 shares during the last quarter. Royal Bank of Canada raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 4.1% during the fourth quarter. Royal Bank of Canada now owns 11,856,196 shares of the company’s stock valued at $951,697,000 after acquiring an additional 472,145 shares in the last quarter. Finally, LPL Financial LLC lifted its stake 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 acquiring an additional 553,333 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT stock opened at $81.71 on Wednesday. The firm has a 50 day moving average of $81.04 and a two-hundred day moving average of $80.98. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $78.66 and a 12 month high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were issued a $0.328 dividend. The ex-dividend date of this dividend was Monday, June 2nd. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. This represents a $3.94 dividend on an annualized basis and a yield of 4.82%.

About Vanguard Intermediate-Term Corporate Bond ETF

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.