Towerpoint Wealth LLC Raises Stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Towerpoint Wealth LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 245,875 shares of the company’s stock after acquiring an additional 3,783 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 9.8% of Towerpoint Wealth LLC’s portfolio, making the stock its 3rd largest position. Towerpoint Wealth LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $20,592,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Fisher Asset Management LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.4% during the 4th quarter. Fisher Asset Management LLC now owns 73,066,770 shares of the company’s stock valued at $5,938,867,000 after purchasing an additional 4,407,258 shares during the last quarter. JPMorgan Chase & Co. raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 6.6% in the first quarter. JPMorgan Chase & Co. now owns 62,648,363 shares of the company’s stock worth $5,043,820,000 after acquiring an additional 3,892,110 shares during the period. Creative Planning boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 1.1% in the second quarter. Creative Planning now owns 23,672,489 shares of the company’s stock valued at $1,892,142,000 after acquiring an additional 269,015 shares during the last quarter. Prudential PLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 81.9% during the 2nd quarter. Prudential PLC now owns 22,681,050 shares of the company’s stock valued at $1,812,896,000 after acquiring an additional 10,210,788 shares during the period. Finally, LPL Financial LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.7% during the 2nd quarter. LPL Financial LLC now owns 10,363,537 shares of the company’s stock worth $828,357,000 after purchasing an additional 68,907 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.0 %

Shares of NASDAQ:VCIT traded down $0.03 during mid-day trading on Friday, reaching $82.43. The company had a trading volume of 397,210 shares, compared to its average volume of 6,977,542. The company’s 50-day moving average price is $83.02 and its 200-day moving average price is $80.92. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $73.78 and a one year high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.301 per share. The ex-dividend date was Tuesday, September 3rd. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29.

Vanguard Intermediate-Term Corporate Bond ETF Company 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.