NFP Retirement Inc. Increases Stake in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

NFP Retirement Inc. lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 40,649 shares of the company’s stock after buying an additional 631 shares during the quarter. NFP Retirement Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,371,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Wealthfront Advisers LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 69.4% in the 2nd quarter. Wealthfront Advisers LLC now owns 4,871,726 shares of the company’s stock valued at $403,964,000 after acquiring an additional 1,995,404 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.4% during the first quarter. JPMorgan Chase & Co. now owns 51,908,033 shares of the company’s stock valued at $4,244,058,000 after purchasing an additional 1,718,299 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.9% in the first quarter. Ameriprise Financial Inc. now owns 10,033,175 shares of the company’s stock worth $821,046,000 after purchasing an additional 987,197 shares during the last quarter. Mather Group LLC. increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5,086,135.3% in the second quarter. Mather Group LLC. now owns 864,660 shares of the company’s stock worth $71,698,000 after purchasing an additional 864,643 shares during the last quarter. Finally, Venturi Wealth Management LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 11,596.4% in the second quarter. Venturi Wealth Management LLC now owns 668,447 shares of the company’s stock worth $55,428,000 after buying an additional 662,732 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ VCIT opened at $83.63 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $78.66 and a 1-year high of $84.84. The business has a 50 day simple moving average of $84.13 and a two-hundred day simple moving average of $82.91.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were issued a $0.326 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%.

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.