Evanson Asset Management LLC Buys Shares of 2,496 Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Evanson Asset Management LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 2,496 shares of the company’s stock, valued at approximately $203,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VCIT. Charles Schwab Investment Advisory Inc. increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 4.3% during the first quarter. Charles Schwab Investment Advisory Inc. now owns 54,490,316 shares of the company’s stock valued at $4,688,347,000 after buying an additional 2,231,681 shares during the last quarter. Meiji Yasuda Life Insurance Co raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 27.7% in the 1st quarter. Meiji Yasuda Life Insurance Co now owns 17,339,000 shares of the company’s stock worth $1,491,848,000 after purchasing an additional 3,759,000 shares during the period. Goldman Sachs Group Inc. lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 16.3% during the second quarter. Goldman Sachs Group Inc. now owns 10,856,427 shares of the company’s stock valued at $857,983,000 after purchasing an additional 1,525,051 shares in the last quarter. Royal Bank of Canada grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 22.2% during the third quarter. Royal Bank of Canada now owns 10,642,263 shares of the company’s stock valued at $808,597,000 after purchasing an additional 1,933,732 shares during the period. Finally, LPL Financial LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 3.8% in the third quarter. LPL Financial LLC now owns 10,439,091 shares of the company’s stock worth $793,162,000 after buying an additional 385,801 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.1 %

Shares of NASDAQ:VCIT traded down $0.05 during mid-day trading on Thursday, reaching $80.51. 8,503,203 shares of the company traded hands, compared to its average volume of 8,524,387. The company’s 50 day moving average price is $80.16 and its 200-day moving average price is $78.56. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $73.78 and a 52 week high of $81.65.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 6th. Investors of record on Monday, March 4th were paid a dividend of $0.2732 per share. This represents a $3.28 dividend on an annualized basis and a dividend yield of 4.07%. The ex-dividend date was Friday, March 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.