Bessemer Group Inc. Sells 33,248 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Bessemer Group Inc. trimmed its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 5.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 587,605 shares of the company’s stock after selling 33,248 shares during the period. Bessemer Group Inc. owned about 0.08% of Vanguard Intermediate-Term Corporate Bond ETF worth $48,626,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of VCIT. Corient Private Wealth LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 438.6% during the 4th quarter. Corient Private Wealth LLC now owns 10,303,448 shares of the company’s stock worth $862,914,000 after purchasing an additional 8,390,355 shares during the last quarter. Morgan Stanley raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 22.4% during the 4th quarter. Morgan Stanley now owns 24,048,406 shares of the company’s stock worth $2,014,054,000 after purchasing an additional 4,399,400 shares in the last quarter. Fisher Asset Management LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.1% in the 4th 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 last quarter. Bank of America Corp DE boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.1% in the 4th quarter. Bank of America Corp DE now owns 84,849,444 shares of the company’s stock valued at $7,106,141,000 after buying an additional 2,552,216 shares during the last quarter. Finally, Nepc LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 37.8% in 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 during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ:VCIT opened at $81.94 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $81.43 and a 1-year high of $84.84. The firm has a fifty day simple moving average of $82.28 and a 200 day simple moving average of $83.07.

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 paid a $0.3319 dividend. The ex-dividend date was 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.