MAI Capital Management Boosts Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

MAI Capital Management increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 120.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 37,428 shares of the company’s stock after purchasing an additional 20,430 shares during the period. MAI Capital Management’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,148,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of VCIT. Fisher Asset Management LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 5.0% during the second quarter. Fisher Asset Management LLC now owns 102,253,864 shares of the company’s stock worth $8,478,891,000 after buying an additional 4,850,259 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 55,312,304 shares of the company’s stock valued at $4,586,496,000 after acquiring an additional 3,404,271 shares during the period. Corient Private Wealth LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 93.8% in the 2nd quarter. Corient Private Wealth LLC now owns 3,915,948 shares of the company’s stock worth $324,711,000 after acquiring an additional 1,895,302 shares in the last quarter. National Bank of Canada FI lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1,249.1% during the 2nd quarter. National Bank of Canada FI now owns 865,566 shares of the company’s stock worth $71,772,000 after purchasing an additional 801,407 shares during the last quarter. Finally, Brevan Howard Capital Management LP purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth $62,044,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.0%

Shares of VCIT stock opened at $84.72 on Friday. The stock’s 50-day moving average is $84.01 and its 200 day moving average is $83.96. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $78.66 and a 1-year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were given a $0.33 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%.

About Vanguard Intermediate-Term Corporate Bond ETF

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.