Parallel Advisors LLC Purchases 15,359 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Parallel Advisors LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 5.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 306,722 shares of the company’s stock after purchasing an additional 15,359 shares during the period. Parallel Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $25,381,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Corient Private Wealth LLC grew its holdings in 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 valued at $862,914,000 after buying an additional 8,390,355 shares in the last quarter. Morgan Stanley lifted its holdings 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 buying an additional 4,399,400 shares in the last quarter. Fisher Asset Management LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.1% during 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. Bank of America Corp DE boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.1% in the fourth quarter. Bank of America Corp DE now owns 84,849,444 shares of the company’s stock valued at $7,106,141,000 after acquiring an additional 2,552,216 shares during the period. Finally, Nepc LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 37.8% in the fourth quarter. Nepc LLC now owns 6,093,365 shares of the company’s stock valued at $510,319,000 after acquiring an additional 1,670,078 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT stock opened at $81.94 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $81.43 and a 52 week high of $84.84. The company’s 50-day simple moving average is $82.28 and its 200 day simple moving average is $83.07.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

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

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. 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.