JPMorgan Chase & Co. Has $4.48 Billion Stock Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

JPMorgan Chase & Co. lowered its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 53,271,367 shares of the company’s stock after selling 2,040,937 shares during the period. JPMorgan Chase & Co. owned 7.96% of Vanguard Intermediate-Term Corporate Bond ETF worth $4,480,655,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Fisher Asset Management LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.0% in the 2nd quarter. Fisher Asset Management LLC now owns 102,253,864 shares of the company’s stock worth $8,478,891,000 after purchasing an additional 4,850,259 shares in the last quarter. Wealthfront Advisers LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 69.4% during the 2nd 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. Corient Private Wealth LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 93.8% during the second quarter. Corient Private Wealth LLC now owns 3,915,948 shares of the company’s stock worth $324,711,000 after buying an additional 1,895,302 shares during the last quarter. National Bank of Canada FI lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1,249.1% in the second quarter. National Bank of Canada FI now owns 865,566 shares of the company’s stock valued at $71,772,000 after buying an additional 801,407 shares in the last quarter. Finally, Brevan Howard Capital Management LP bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at $62,044,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ:VCIT opened at $84.49 on Monday. The firm has a 50-day moving average of $83.86 and a 200-day moving average of $83.86. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $78.66 and a one year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.33 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.7%.

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. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.