Financial Freedom LLC Buys 6,822 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Financial Freedom LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 183,524 shares of the company’s stock after purchasing an additional 6,822 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 7.6% of Financial Freedom LLC’s holdings, making the stock its largest holding. Financial Freedom LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $15,187,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of VCIT. Bank of America Corp DE grew its position 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 acquiring an additional 2,552,216 shares during the period. Fisher Asset Management LLC raised its stake 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 worth $7,033,022,000 after acquiring an additional 3,339,026 shares in the last quarter. Creative Planning lifted its holdings in shares of 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 valued at $2,223,729,000 after acquiring an additional 927,083 shares during the period. Morgan Stanley lifted its holdings in shares of 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 acquiring an additional 4,399,400 shares during the period. Finally, LPL Financial LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.9% in the 4th quarter. LPL Financial LLC now owns 10,895,493 shares of the company’s stock valued at $912,498,000 after purchasing an additional 604,588 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.1%

VCIT opened at $81.92 on Friday. The firm’s 50-day simple moving average is $82.39 and its 200-day simple moving average is $83.15. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $81.43 and a twelve month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were given a $0.3319 dividend. The ex-dividend date was Wednesday, July 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.