Essex LLC Has $28.42 Million Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Essex LLC trimmed its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 2.9% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 343,429 shares of the company’s stock after selling 10,322 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 5.0% of Essex LLC’s holdings, making the stock its 4th largest position. Essex LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $28,419,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Corient Private Wealth LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 438.6% during the fourth quarter. Corient Private Wealth LLC now owns 10,303,448 shares of the company’s stock valued at $862,914,000 after purchasing an additional 8,390,355 shares in the last quarter. Bank of America Corp DE raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 7.7% in the third quarter. Bank of America Corp DE now owns 82,297,228 shares of the company’s stock worth $6,922,020,000 after purchasing an additional 5,909,857 shares in the last quarter. Morgan Stanley lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 22.4% during the fourth quarter. Morgan Stanley now owns 24,048,406 shares of the company’s stock valued at $2,014,054,000 after buying an additional 4,399,400 shares during the period. Fisher Asset Management LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 4.1% during the fourth quarter. Fisher Asset Management LLC now owns 83,976,379 shares of the company’s stock valued at $7,033,022,000 after buying an additional 3,339,026 shares during the period. Finally, Nepc LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 37.8% during the 4th quarter. Nepc LLC now owns 6,093,365 shares of the company’s stock valued at $510,319,000 after buying an additional 1,670,078 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.6%

NASDAQ:VCIT opened at $82.19 on Thursday. The firm’s 50-day moving average price is $82.52 and its 200-day moving average price is $83.22. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $81.43 and a 1-year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, July 6th. Investors of record on Wednesday, July 1st will be paid a dividend of $0.3319 per share. The ex-dividend date of this dividend is Wednesday, July 1st.

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. 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.