Davidson Capital Management Inc. Has $71.54 Million Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Davidson Capital Management Inc. reduced its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 0.8% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 850,574 shares of the company’s stock after selling 6,618 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises 16.0% of Davidson Capital Management Inc.’s holdings, making the stock its biggest holding. Davidson Capital Management Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $71,542,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. Fisher Asset Management LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 5.0% during the second quarter. Fisher Asset Management LLC now owns 102,253,864 shares of the company’s stock worth $8,478,891,000 after acquiring an additional 4,850,259 shares in the last quarter. Bank of America Corp DE grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.9% in the second quarter. Bank of America Corp DE now owns 76,387,371 shares of the company’s stock valued at $6,334,041,000 after purchasing an additional 698,576 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 55,312,304 shares of the company’s stock worth $4,586,496,000 after purchasing an additional 3,404,271 shares during the last quarter. Creative Planning raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.0% during the 2nd quarter. Creative Planning now owns 25,511,256 shares of the company’s stock worth $2,115,393,000 after purchasing an additional 505,937 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 10,372,500 shares of the company’s stock worth $872,431,000 after purchasing an additional 286,124 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ:VCIT opened at $84.09 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $78.66 and a 1-year high of $84.84. The firm has a fifty day simple moving average of $84.04 and a 200 day simple moving average of $83.99.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were given a $0.3026 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Monday, March 2nd.

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.