Matrix Trust Co Cuts Stock Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Matrix Trust Co cut its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.0% in the fourth quarter, HoldingsChannel reports. The firm owned 79,399 shares of the company’s stock after selling 788 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for 1.5% of Matrix Trust Co’s portfolio, making the stock its 16th largest position. Matrix Trust Co’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $6,454,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Schmidt P J Investment Management Inc. grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.8% in the fourth quarter. Schmidt P J Investment Management Inc. now owns 7,092 shares of the company’s stock valued at $570,000 after purchasing an additional 126 shares in the last quarter. Defined Wealth Management LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.2% in the fourth quarter. Defined Wealth Management LLC now owns 11,551 shares of the company’s stock valued at $939,000 after purchasing an additional 132 shares in the last quarter. Alliance Wealth Advisors LLC UT grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.4% in the third quarter. Alliance Wealth Advisors LLC UT now owns 2,953 shares of the company’s stock valued at $224,000 after purchasing an additional 151 shares in the last quarter. Keystone Financial Group boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 2.2% during the third quarter. Keystone Financial Group now owns 7,170 shares of the company’s stock worth $545,000 after buying an additional 153 shares during the period. Finally, Roger Wittlin Investment Advisory LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 1.4% during the fourth quarter. Roger Wittlin Investment Advisory LLC now owns 11,256 shares of the company’s stock valued at $915,000 after acquiring an additional 154 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.2 %

VCIT stock traded up $0.19 during mid-day trading on Friday, reaching $78.41. 4,608,983 shares of the stock traded hands, compared to its average volume of 8,064,237. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $73.78 and a one year high of $81.65. The business has a 50-day moving average price of $79.57 and a two-hundred day moving average price of $78.96.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were given a dividend of $0.2944 per share. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.28. The ex-dividend date was Monday, April 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.