Checchi Capital Advisers LLC Purchases 7,354 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Checchi Capital Advisers LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 169,301 shares of the company’s stock after acquiring an additional 7,354 shares during the quarter. Checchi Capital Advisers LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $14,010,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Nwam LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 3.7% in the 1st quarter. Nwam LLC now owns 13,299 shares of the company’s stock worth $1,100,000 after purchasing an additional 478 shares in the last quarter. Fortress Financial Solutions LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.3% during the first quarter. Fortress Financial Solutions LLC now owns 104,195 shares of the company’s stock valued at $8,622,000 after purchasing an additional 5,264 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.5% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,391,592 shares of the company’s stock valued at $115,154,000 after purchasing an additional 20,924 shares in the last quarter. Bryn Mawr Trust Advisors LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 17.0% during the first quarter. Bryn Mawr Trust Advisors LLC now owns 54,253 shares of the company’s stock valued at $4,489,000 after purchasing an additional 7,892 shares in the last quarter. Finally, Glassman Wealth Services bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth about $95,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.3%

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.70 on Wednesday. The business has a 50 day moving average of $82.33 and a 200-day moving average of $83.11. 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 firm also recently announced a dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.3319 per share. The ex-dividend date of this dividend 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.