Fifth Third Bancorp Increases Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Fifth Third Bancorp grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 8,793.5% during the first quarter, HoldingsChannel reports. The firm owned 212,289 shares of the company’s stock after purchasing an additional 209,902 shares during the quarter. Fifth Third Bancorp’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $17,567,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Sovran Advisors LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 5.0% in the first quarter. Sovran Advisors LLC now owns 58,986 shares of the company’s stock worth $4,887,000 after purchasing an additional 2,814 shares during the period. Rossmore Private Capital lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 13.2% during the first quarter. Rossmore Private Capital now owns 2,990 shares of the company’s stock valued at $247,000 after purchasing an additional 349 shares during the last quarter. Oakwell Private Wealth Management LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.4% in the 1st quarter. Oakwell Private Wealth Management LLC now owns 103,223 shares of the company’s stock worth $8,542,000 after purchasing an additional 4,375 shares in the last quarter. Simplicity Wealth LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 14.7% in the 1st quarter. Simplicity Wealth LLC now owns 8,576 shares of the company’s stock worth $710,000 after purchasing an additional 1,102 shares in the last quarter. Finally, Independence Bank of Kentucky grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.6% in the 1st quarter. Independence Bank of Kentucky now owns 17,230 shares of the company’s stock worth $1,426,000 after buying an additional 430 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ VCIT opened at $81.46 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $81.43 and a 12 month high of $84.84. The stock’s fifty day moving average price is $82.35 and its 200-day moving average price is $83.13.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.3319 per share. The ex-dividend date was Wednesday, July 1st.

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. 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.