Raymond James & Associates Increases Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Raymond James & Associates increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.1% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 1,976,754 shares of the company’s stock after purchasing an additional 78,061 shares during the period. Raymond James & Associates owned 0.34% of Vanguard Intermediate-Term Corporate Bond ETF worth $159,148,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Creekmur Asset Management LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at $26,000. Cullen Frost Bankers Inc. grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 740.5% during the third quarter. Cullen Frost Bankers Inc. now owns 353 shares of the company’s stock worth $27,000 after buying an additional 311 shares in the last quarter. Tidemark LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth about $30,000. Mather Group LLC. purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter valued at about $30,000. Finally, CarsonAllaria Wealth Management Ltd. bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at about $32,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.3 %

Shares of NASDAQ VCIT traded up $0.27 during midday trading on Monday, hitting $78.68. 6,605,058 shares of the company’s stock were exchanged, compared to its average volume of 8,046,441. The business’s fifty day moving average price is $79.55 and its two-hundred day moving average price is $79.03. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $73.78 and a 12-month high of $81.65.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were paid a $0.2944 dividend. The ex-dividend date of this dividend was Monday, April 1st. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.28.

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.