Busey Bank Boosts Stake in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Busey Bank grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 5.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 903,265 shares of the company’s stock after acquiring an additional 43,598 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises about 2.0% of Busey Bank’s investment portfolio, making the stock its 13th biggest holding. Busey Bank owned approximately 0.12% of Vanguard Intermediate-Term Corporate Bond ETF worth $74,745,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of VCIT. Brown Brothers Harriman & Co. boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 136.1% during the 4th quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock valued at $29,000 after buying an additional 200 shares during the last quarter. HHM Wealth Advisors LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the first quarter worth $29,000. Monetary Solutions Ltd bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth $30,000. Richards Merrill & Peterson Inc. acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at $30,000. Finally, Chapman Financial Group LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at $31,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ VCIT opened at $82.34 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $81.43 and a 12 month high of $84.84. The company’s fifty day moving average price is $82.48 and its two-hundred day moving average price is $83.20.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st will be paid a $0.3319 dividend. The ex-dividend date is Wednesday, July 1st.

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.