Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Sold by Forum Private Client Group LLC

Forum Private Client Group LLC trimmed its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 6.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,233 shares of the company’s stock after selling 927 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises 0.5% of Forum Private Client Group LLC’s investment portfolio, making the stock its 29th biggest holding. Forum Private Client Group LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,143,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of VCIT. Fisher Asset Management LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.8% during the 4th quarter. Fisher Asset Management LLC now owns 92,783,951 shares of the company’s stock worth $7,447,768,000 after purchasing an additional 4,289,340 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.3% during the 4th quarter. JPMorgan Chase & Co. now owns 50,189,734 shares of the company’s stock worth $4,028,730,000 after purchasing an additional 2,992,971 shares during the last quarter. LPL Financial LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 5.2% in the 4th quarter. LPL Financial LLC now owns 11,292,264 shares of the company’s stock valued at $906,430,000 after acquiring an additional 553,333 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 0.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 10,405,350 shares of the company’s stock worth $835,237,000 after buying an additional 64,467 shares during the period. Finally, Wells Fargo & Company MN boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.2% in the fourth quarter. Wells Fargo & Company MN now owns 9,154,276 shares of the company’s stock worth $734,814,000 after acquiring an additional 845,313 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT stock opened at $81.79 on Friday. The business has a fifty day simple moving average of $81.24 and a 200-day simple moving average of $81.42. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $77.80 and a 52 week high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were paid a $0.3189 dividend. This represents a $3.83 dividend on an annualized basis and a dividend yield of 4.68%. The ex-dividend date of this dividend was Tuesday, April 1st. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32.

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.