Hillcrest Wealth Advisors NY LLC Buys 36,195 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Hillcrest Wealth Advisors NY LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 41.4% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 123,665 shares of the company’s stock after purchasing an additional 36,195 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 4.1% of Hillcrest Wealth Advisors NY LLC’s holdings, making the stock its 8th largest holding. Hillcrest Wealth Advisors NY LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $10,233,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in VCIT. Bank of America Corp DE increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 3.1% in the fourth quarter. Bank of America Corp DE now owns 84,849,444 shares of the company’s stock valued at $7,106,141,000 after purchasing an additional 2,552,216 shares during the last quarter. Fisher Asset Management LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 4.1% in 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. Creative Planning boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 3.6% during the third quarter. Creative Planning now owns 26,438,339 shares of the company’s stock worth $2,223,729,000 after buying an additional 927,083 shares during the last quarter. Morgan Stanley boosted its holdings 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 worth $2,014,054,000 after buying an additional 4,399,400 shares during the last quarter. Finally, LPL Financial LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.9% during the 4th quarter. LPL Financial LLC now owns 10,895,493 shares of the company’s stock worth $912,498,000 after buying an additional 604,588 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $82.34 on Friday. The business has a 50-day moving average of $82.48 and a 200-day moving average of $83.21. 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 company 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.