LPL Financial LLC Purchases 553,333 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

LPL Financial LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 5.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,292,264 shares of the company’s stock after acquiring an additional 553,333 shares during the period. LPL Financial LLC owned 1.86% of Vanguard Intermediate-Term Corporate Bond ETF worth $906,430,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Providence Capital Advisors LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth approximately $25,000. Truvestments Capital LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 145.6% in the 4th quarter. Truvestments Capital LLC now owns 334 shares of the company’s stock worth $27,000 after purchasing an additional 198 shares during the last quarter. Tortoise Investment Management LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth approximately $28,000. Midwest Capital Advisors LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth approximately $33,000. Finally, Nvwm LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 42.6% in the 4th quarter. Nvwm LLC now owns 499 shares of the company’s stock worth $40,000 after purchasing an additional 149 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT stock opened at $81.64 on Friday. The company has a 50 day moving average price of $80.93 and a 200 day moving average price of $81.56. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $77.80 and a fifty-two week high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a $0.2865 dividend. The ex-dividend date was Monday, March 3rd.

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.