Cynosure Group LLC Buys New Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Cynosure Group LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 14,876 shares of the company’s stock, valued at approximately $1,251,000.

Several other large investors also recently bought and sold shares of VCIT. Fisher Asset Management LLC raised its stake in shares of 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 valued at $8,478,891,000 after purchasing an additional 4,850,259 shares during the period. Bank of America Corp DE grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 0.9% during the 2nd 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 stake in 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 buying an additional 3,404,271 shares during the period. Creative Planning lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 2.0% in the 2nd quarter. Creative Planning now owns 25,511,256 shares of the company’s stock worth $2,115,393,000 after buying an additional 505,937 shares in the last quarter. Finally, Wealthfront Advisers LLC boosted its position in 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 valued at $403,964,000 after buying an additional 1,995,404 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $83.74 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $78.66 and a 1-year high of $84.84. The business has a 50-day moving average of $83.94 and a 200-day moving average of $83.54.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Monday, December 1st were issued a dividend of $0.3223 per share. The ex-dividend date was Monday, December 1st. This represents a c) annualized dividend and a 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.