Royal Bank of Canada Has $1.09 Billion Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Royal Bank of Canada lessened its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.7% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,173,092 shares of the company’s stock after selling 231,665 shares during the quarter. Royal Bank of Canada owned about 1.70% of Vanguard Intermediate-Term Corporate Bond ETF worth $1,090,072,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. HHM Wealth Advisors LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter worth $29,000. Brown Brothers Harriman & Co. raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 136.1% in the 4th quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock worth $29,000 after acquiring an additional 200 shares during the period. Richards Merrill & Peterson Inc. bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth $30,000. Monetary Solutions Ltd acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth $30,000. Finally, Chapman Financial Group LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth $31,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.2%

Shares of NASDAQ:VCIT opened at $81.51 on Wednesday. The stock’s 50-day moving average is $82.16 and its 200-day moving average is $82.95. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $81.04 and a 52-week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were paid a dividend of $0.3319 per share. The ex-dividend date was Wednesday, July 1st.

Vanguard Intermediate-Term Corporate Bond ETF Company 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. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.