Cambridge Investment Research Advisors Inc. Has $74.81 Million Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Cambridge Investment Research Advisors Inc. raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 9.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 893,254 shares of the company’s stock after buying an additional 74,859 shares during the period. Cambridge Investment Research Advisors Inc. owned 0.13% of Vanguard Intermediate-Term Corporate Bond ETF worth $74,810,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VCIT. Richards Merrill & Peterson Inc. bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at about $30,000. Chapman Financial Group LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at about $31,000. United Financial Planning Group LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at about $34,000. Abich Financial Wealth Management LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at about $35,000. Finally, Founders Financial Alliance LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at about $45,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT opened at $82.00 on Friday. The firm has a 50-day moving average of $82.88 and a 200-day moving average of $83.61. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $80.42 and a one year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were given a $0.3262 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend was Friday, May 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.