Breakwater Capital Group Has $3.85 Million Stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Breakwater Capital Group raised its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 6.6% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 47,114 shares of the company’s stock after acquiring an additional 2,905 shares during the period. Breakwater Capital Group’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,852,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in VCIT. Fisher Asset Management LLC increased its position in 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 worth $7,447,768,000 after buying an additional 4,289,340 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at approximately $323,370,000. JPMorgan Chase & Co. raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 6.3% in the 4th quarter. JPMorgan Chase & Co. now owns 50,189,734 shares of the company’s stock valued at $4,028,730,000 after acquiring an additional 2,992,971 shares in the last quarter. Bank of America Corp DE lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 4.5% during the fourth quarter. Bank of America Corp DE now owns 63,704,527 shares of the company’s stock worth $5,113,562,000 after purchasing an additional 2,752,661 shares during the period. Finally, Life Planning Partners Inc lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7,732.2% during the 4th quarter. Life Planning Partners Inc now owns 2,308,083 shares of the company’s stock worth $185,270,000 after acquiring an additional 2,278,614 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.6%

Shares of VCIT stock opened at $81.72 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $78.66 and a fifty-two week high of $84.26. The stock’s fifty day moving average price is $80.98 and its two-hundred day moving average price is $80.98.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, June 4th. Shareholders of record on Monday, June 2nd were paid a dividend of $0.328 per share. This represents a $3.94 dividend on an annualized basis and a dividend yield of 4.82%. 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.

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.