Bank of America Corp DE Boosts Stock Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Bank of America Corp DE grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 39.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 118,464,592 shares of the company’s stock after purchasing an additional 33,615,148 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up about 0.7% of Bank of America Corp DE’s investment portfolio, making the stock its 25th largest position. Bank of America Corp DE owned 0.15% of Vanguard Intermediate-Term Corporate Bond ETF worth $9,802,945,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Fisher Asset Management LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 4.1% in the fourth quarter. Fisher Asset Management LLC now owns 83,976,379 shares of the company’s stock worth $7,033,022,000 after buying an additional 3,339,026 shares in the last quarter. Creative Planning raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.6% during the third quarter. Creative Planning now owns 26,438,339 shares of the company’s stock worth $2,223,729,000 after acquiring an additional 927,083 shares in the last quarter. Morgan Stanley raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 22.4% during the fourth quarter. Morgan Stanley now owns 24,048,406 shares of the company’s stock worth $2,014,054,000 after acquiring an additional 4,399,400 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.9% in the 4th quarter. LPL Financial LLC now owns 10,895,493 shares of the company’s stock worth $912,498,000 after acquiring an additional 604,588 shares during the last quarter. Finally, Corient Private Wealth LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 438.6% in the 4th quarter. Corient Private Wealth LLC now owns 10,303,448 shares of the company’s stock worth $862,914,000 after acquiring an additional 8,390,355 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.3%

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.26 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $81.04 and a 52-week high of $84.84. The company has a fifty day moving average of $82.14 and a 200-day moving average of $82.93.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were paid a $0.3319 dividend. The ex-dividend date of this dividend 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.