Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Sold by Key Financial Inc

Key Financial Inc trimmed its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 20.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 661 shares of the company’s stock after selling 171 shares during the quarter. Key Financial Inc’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $53,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Fisher Asset Management LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.6% during the fourth quarter. Fisher Asset Management LLC now owns 73,219,949 shares of the company’s stock worth $5,951,318,000 after acquiring an additional 4,560,437 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.6% during 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. The Manufacturers Life Insurance Company increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 19.8% during the fourth quarter. The Manufacturers Life Insurance Company now owns 9,590,500 shares of the company’s stock worth $779,516,000 after acquiring an additional 1,585,673 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 81.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,338,854 shares of the company’s stock worth $433,942,000 after acquiring an additional 2,395,580 shares during the period. Finally, Envestnet Asset Management Inc. boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 1.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 4,612,348 shares of the company’s stock worth $374,892,000 after buying an additional 70,828 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT stock opened at $82.74 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $73.78 and a 52 week high of $83.28. The company’s 50-day moving average price is $81.36 and its 200 day moving average price is $80.20.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, August 5th. Investors of record on Thursday, August 1st were issued a dividend of $0.3011 per share. The ex-dividend date was Thursday, August 1st. This represents a $3.61 dividend on an annualized basis and a yield of 4.37%. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.27.

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.