Bessemer Group Inc. Has $52 Million Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Bessemer Group Inc. increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 70.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 620,853 shares of the company’s stock after acquiring an additional 256,976 shares during the period. Bessemer Group Inc. owned about 0.09% of Vanguard Intermediate-Term Corporate Bond ETF worth $51,997,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. Bank of America Corp DE boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.7% during the 3rd quarter. Bank of America Corp DE now owns 82,297,228 shares of the company’s stock valued at $6,922,020,000 after acquiring an additional 5,909,857 shares in the last quarter. Creative Planning boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.6% during the 3rd quarter. Creative Planning now owns 26,438,339 shares of the company’s stock valued at $2,223,729,000 after acquiring an additional 927,083 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 10,372,500 shares of the company’s stock valued at $872,431,000 after acquiring an additional 286,124 shares in the last quarter. Wealthfront Advisers LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 8.9% during the 4th quarter. Wealthfront Advisers LLC now owns 5,510,729 shares of the company’s stock valued at $461,524,000 after purchasing an additional 449,017 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 10.3% during the 3rd quarter. Raymond James Financial Inc. now owns 4,620,873 shares of the company’s stock valued at $388,662,000 after purchasing an additional 431,590 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT stock opened at $82.00 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $80.42 and a 12-month high of $84.84. The firm has a 50-day moving average price of $82.88 and a 200 day moving average price of $83.61.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were issued a dividend of $0.3262 per share. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend was Friday, May 1st.

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.