Vanguard Intermediate-Term Corporate Bond ETF $VCIT is Essex LLC’s 4th Largest Position

Essex LLC trimmed its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 2.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 343,429 shares of the company’s stock after selling 10,322 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for 5.0% of Essex LLC’s portfolio, making the stock its 4th biggest holding. Essex LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $28,419,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of VCIT. Bank of America Corp DE increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.1% during 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 in the last quarter. Fisher Asset Management LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 4.1% in the 4th quarter. Fisher Asset Management LLC now owns 83,976,379 shares of the company’s stock worth $7,033,022,000 after purchasing an additional 3,339,026 shares in the last quarter. Creative Planning boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.6% in the 3rd quarter. Creative Planning now owns 26,438,339 shares of the company’s stock worth $2,223,729,000 after purchasing an additional 927,083 shares in the last quarter. Morgan Stanley grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 22.4% during the 4th quarter. Morgan Stanley now owns 24,048,406 shares of the company’s stock valued at $2,014,054,000 after purchasing an additional 4,399,400 shares during the last quarter. Finally, LPL Financial LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 5.9% during the 4th quarter. LPL Financial LLC now owns 10,895,493 shares of the company’s stock valued at $912,498,000 after purchasing an additional 604,588 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ:VCIT opened at $82.19 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $81.43 and a fifty-two week high of $84.84. The firm has a 50-day simple moving average of $82.52 and a two-hundred day simple moving average of $83.22.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st will be issued a dividend of $0.3319 per share. The ex-dividend date is Wednesday, July 1st.

About Vanguard Intermediate-Term Corporate Bond ETF

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.