Jacobi Capital Management LLC Increases Stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Jacobi Capital Management LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 137.6% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 5,982 shares of the company’s stock after purchasing an additional 3,464 shares during the quarter. Jacobi Capital Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $482,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of VCIT. BKM Wealth Management LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at approximately $87,000. Mutual Advisors LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 6.2% during the fourth quarter. Mutual Advisors LLC now owns 28,649 shares of the company’s stock valued at $2,329,000 after purchasing an additional 1,669 shares in the last quarter. HB Wealth Management LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 9.3% during the fourth quarter. HB Wealth Management LLC now owns 3,066 shares of the company’s stock valued at $249,000 after purchasing an additional 262 shares in the last quarter. Compagnie Lombard Odier SCmA lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 7.3% during the fourth quarter. Compagnie Lombard Odier SCmA now owns 60,985 shares of the company’s stock valued at $4,957,000 after purchasing an additional 4,129 shares in the last quarter. Finally, Rosenberg Matthew Hamilton lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 14.5% during the fourth quarter. Rosenberg Matthew Hamilton now owns 133,955 shares of the company’s stock valued at $10,888,000 after purchasing an additional 16,935 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ:VCIT traded up $0.10 during trading hours on Tuesday, hitting $80.88. 447,229 shares of the stock traded hands, compared to its average volume of 7,107,845. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $73.78 and a 1 year high of $81.65. The stock has a 50 day moving average price of $80.10 and a 200 day moving average price of $79.90.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st were issued a $0.2887 dividend. The ex-dividend date was Monday, July 1st.

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.