Foster Group Inc. Raises Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Foster Group Inc. lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 6.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,135 shares of the company’s stock after buying an additional 1,648 shares during the period. Foster Group Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,249,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Fisher Asset Management LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 6.6% during the 4th quarter. Fisher Asset Management LLC now owns 73,219,949 shares of the company’s stock worth $5,951,318,000 after acquiring an additional 4,560,437 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 6.6% during the first quarter. JPMorgan Chase & Co. now owns 62,648,363 shares of the company’s stock worth $5,043,820,000 after purchasing an additional 3,892,110 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 19.8% in the 4th quarter. The Manufacturers Life Insurance Company now owns 9,590,500 shares of the company’s stock worth $779,516,000 after purchasing an additional 1,585,673 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 81.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,338,854 shares of the company’s stock valued at $433,942,000 after buying an additional 2,395,580 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.6% during the 4th quarter. Envestnet Asset Management Inc. now owns 4,612,348 shares of the company’s stock worth $374,892,000 after buying an additional 70,828 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCIT traded down $0.14 during midday trading on Friday, reaching $82.74. The company’s stock had a trading volume of 4,189,408 shares, compared to its average volume of 6,899,955. The firm has a 50 day moving average price of $81.41 and a 200-day moving average price of $80.22. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $73.78 and a 12-month high of $83.28.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, August 5th. Shareholders of record on Thursday, August 1st were given a $0.3011 dividend. The ex-dividend date was Thursday, August 1st. This represents a $3.61 annualized dividend and a yield of 4.37%. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.27.

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.