Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Sold by Transcend Capital Advisors LLC

Transcend Capital Advisors LLC lessened its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.1% in the 2nd quarter, Holdings Channel reports. The firm owned 24,340 shares of the company’s stock after selling 1,052 shares during the period. Transcend Capital Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,018,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 3.4% in the 1st quarter. JPMorgan Chase & Co. now owns 51,908,033 shares of the company’s stock valued at $4,244,058,000 after purchasing an additional 1,718,299 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.7% in the first quarter. Envestnet Asset Management Inc. now owns 11,516,340 shares of the company’s stock valued at $941,576,000 after purchasing an additional 1,110,990 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.9% in the first quarter. Ameriprise Financial Inc. now owns 10,033,175 shares of the company’s stock valued at $821,046,000 after purchasing an additional 987,197 shares in the last quarter. Wealthfront Advisers LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 69.4% in the second quarter. Wealthfront Advisers LLC now owns 4,871,726 shares of the company’s stock valued at $403,964,000 after purchasing an additional 1,995,404 shares in the last quarter. Finally, Nepc LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 12.9% in the first quarter. Nepc LLC now owns 4,299,709 shares of the company’s stock valued at $351,544,000 after purchasing an additional 490,792 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ:VCIT opened at $84.82 on Tuesday. The company has a fifty day simple moving average of $84.00 and a two-hundred day simple moving average of $82.55. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $78.66 and a 52 week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were given a dividend of $0.326 per share. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%.

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.