Bigelow Investment Advisors LLC Lowers Stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Bigelow Investment Advisors LLC lessened its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 2.6% in the 2nd quarter, Holdings Channel reports. The firm owned 19,677 shares of the company’s stock after selling 520 shares during the period. Bigelow Investment Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,573,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Prudential PLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 81.9% in the second quarter. Prudential PLC now owns 22,681,050 shares of the company’s stock valued at $1,812,896,000 after purchasing an additional 10,210,788 shares in the last quarter. Fisher Asset Management LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.4% in the fourth quarter. Fisher Asset Management LLC now owns 73,066,770 shares of the company’s stock valued at $5,938,867,000 after acquiring an additional 4,407,258 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings 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 valued at $5,043,820,000 after purchasing an additional 3,892,110 shares during the period. Envestnet Asset Management Inc. grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 41.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 10,027,030 shares of the company’s stock worth $801,460,000 after purchasing an additional 2,914,442 shares in the last quarter. Finally, Nepc LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth about $163,910,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.2 %

Shares of VCIT opened at $83.82 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $73.78 and a 1 year high of $83.96. The stock has a 50-day simple moving average of $82.06 and a 200-day simple moving average of $80.47.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

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.