Rakuten Investment Management Inc. Takes Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Rakuten Investment Management Inc. bought a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the third quarter, HoldingsChannel reports. The firm bought 395,967 shares of the company’s stock, valued at approximately $33,305,000.

Other large investors have also recently modified their holdings of the company. Fisher Asset Management LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 5.0% in the second quarter. Fisher Asset Management LLC now owns 102,253,864 shares of the company’s stock worth $8,478,891,000 after buying an additional 4,850,259 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.6% in the second quarter. JPMorgan Chase & Co. now owns 55,312,304 shares of the company’s stock valued at $4,586,496,000 after acquiring an additional 3,404,271 shares during the period. Wealthfront Advisers LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 69.4% in the 2nd quarter. Wealthfront Advisers LLC now owns 4,871,726 shares of the company’s stock worth $403,964,000 after acquiring an additional 1,995,404 shares during the last quarter. Corient Private Wealth LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 93.8% during the 2nd quarter. Corient Private Wealth LLC now owns 3,915,948 shares of the company’s stock worth $324,711,000 after purchasing an additional 1,895,302 shares during the period. Finally, Mather Group LLC. boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5,086,135.3% during the 2nd quarter. Mather Group LLC. now owns 864,660 shares of the company’s stock worth $71,698,000 after purchasing an additional 864,643 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $83.48 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $78.66 and a 1-year high of $84.84. The company’s 50-day moving average is $83.90 and its 200 day moving average is $83.66.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Stockholders of record on Monday, December 1st were paid a dividend of $0.3223 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%.

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.