SouthState Bank Corp Has $2.08 Million Stock Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

SouthState Bank Corp increased its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 88.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,164 shares of the company’s stock after purchasing an additional 11,789 shares during the quarter. SouthState Bank Corp’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,082,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Brighton Jones LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 107.9% in the 4th quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock valued at $716,000 after acquiring an additional 4,627 shares in the last quarter. Daiwa Securities Group Inc. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 4.4% in the 2nd quarter. Daiwa Securities Group Inc. now owns 54,690 shares of the company’s stock worth $4,535,000 after purchasing an additional 2,300 shares during the period. Qube Research & Technologies Ltd grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 67.1% during the 2nd quarter. Qube Research & Technologies Ltd now owns 298,502 shares of the company’s stock worth $24,752,000 after purchasing an additional 119,837 shares in the last quarter. Squarepoint Ops LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 347.4% during the 2nd quarter. Squarepoint Ops LLC now owns 15,132 shares of the company’s stock worth $1,255,000 after purchasing an additional 11,750 shares in the last quarter. Finally, Main Street Financial Solutions LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 8.6% during the 2nd quarter. Main Street Financial Solutions LLC now owns 18,100 shares of the company’s stock valued at $1,501,000 after purchasing an additional 1,433 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCIT opened at $81.93 on Thursday. The company’s fifty day moving average is $82.31 and its two-hundred day moving average is $83.10. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $81.43 and a 12-month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were issued 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.