DAVENPORT & Co LLC Purchases 17,838 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

DAVENPORT & Co LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 15.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 134,246 shares of the company’s stock after purchasing an additional 17,838 shares during the quarter. DAVENPORT & Co LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $11,243,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 107.9% during the fourth quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock valued at $716,000 after acquiring an additional 4,627 shares during the last quarter. AlphaCore Capital LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 187.0% in the 2nd quarter. AlphaCore Capital LLC now owns 1,587 shares of the company’s stock worth $132,000 after acquiring an additional 1,034 shares during the last quarter. American Century Companies Inc. lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.0% in the 2nd quarter. American Century Companies Inc. now owns 785,000 shares of the company’s stock worth $65,092,000 after acquiring an additional 44,300 shares during the last quarter. Prudential Financial Inc. purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at $15,619,000. Finally, CreativeOne Wealth LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 41.7% in the 2nd quarter. CreativeOne Wealth LLC now owns 34,100 shares of the company’s stock valued at $2,828,000 after purchasing an additional 10,041 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.3%

VCIT stock opened at $82.62 on Thursday. The firm’s fifty day moving average is $83.76 and its 200 day moving average is $83.95. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $78.66 and a 52 week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a dividend of $0.3026 per share. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date 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.