Assetmark Inc. Cuts Stake in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Assetmark Inc. lessened its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,217,898 shares of the company’s stock after selling 22,634 shares during the period. Assetmark Inc. owned 0.16% of Vanguard Intermediate-Term Corporate Bond ETF worth $100,781,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VCIT. Corient Private Wealth LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 438.6% in the 4th quarter. Corient Private Wealth LLC now owns 10,303,448 shares of the company’s stock worth $862,914,000 after buying an additional 8,390,355 shares during the last quarter. Morgan Stanley raised 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 last quarter. Fisher Asset Management LLC raised its holdings in shares of 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 acquiring an additional 3,339,026 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.1% during 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 last quarter. Finally, Nepc LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 37.8% in the fourth quarter. Nepc LLC now owns 6,093,365 shares of the company’s stock valued at $510,319,000 after acquiring an additional 1,670,078 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.1%

Shares of NASDAQ:VCIT opened at $81.87 on Friday. The business’s 50 day moving average price is $82.30 and its 200-day moving average price is $83.08. 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 was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were paid a $0.3319 dividend. The ex-dividend date of this dividend 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.