Baird Financial Group Inc. Has $320.87 Million Stock Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Baird Financial Group Inc. boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 18.2% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 3,869,651 shares of the company’s stock after acquiring an additional 594,990 shares during the quarter. Baird Financial Group Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $320,872,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 107.9% in the 4th quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock valued at $716,000 after purchasing an additional 4,627 shares in the last quarter. Natixis Advisors LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 34.8% in the first quarter. Natixis Advisors LLC now owns 36,566 shares of the company’s stock valued at $2,990,000 after buying an additional 9,442 shares in the last quarter. US Bancorp DE grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.6% during the first quarter. US Bancorp DE now owns 25,602 shares of the company’s stock worth $2,093,000 after buying an additional 1,588 shares during the last quarter. TIAA Trust National Association bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth $222,000. Finally, Blair William & Co. IL increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.1% during the first quarter. Blair William & Co. IL now owns 71,491 shares of the company’s stock worth $5,845,000 after buying an additional 3,494 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.2%

Shares of VCIT opened at $84.18 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $78.66 and a 52 week high of $84.84. The stock has a fifty day moving average of $84.11 and a 200-day moving average of $83.14.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Monday, December 1st were given a $0.3223 dividend. The ex-dividend date was Monday, December 1st. This represents a c) annualized dividend and a yield of 4.6%.

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.