Sheets Smith Investment Management Invests $4.44 Million in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Sheets Smith Investment Management acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 55,364 shares of the company’s stock, valued at approximately $4,444,000. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 3.8% of Sheets Smith Investment Management’s holdings, making the stock its 6th biggest holding.

A number of other large investors have also recently made changes to their positions in the business. Fisher Asset Management LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.8% during 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. JPMorgan Chase & Co. boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.5% during the third quarter. JPMorgan Chase & Co. now owns 47,196,763 shares of the company’s stock valued at $3,952,729,000 after purchasing an additional 1,165,222 shares in the last quarter. LPL Financial LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.2% during 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 in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at approximately $323,370,000. Finally, Vanguard Group Inc. boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.1% during the fourth quarter. Vanguard Group Inc. now owns 3,962,387 shares of the company’s stock valued at $318,061,000 after purchasing an additional 227,510 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ VCIT opened at $81.64 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $77.80 and a twelve month high of $84.26. The stock’s 50 day moving average is $80.93 and its 200 day moving average is $81.55.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.2865 per share. The ex-dividend date was Monday, March 3rd.

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.