Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Stock Position Trimmed by RiverFront Investment Group LLC

RiverFront Investment Group LLC lessened its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 2.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,364,099 shares of the company’s stock after selling 33,105 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for 3.5% of RiverFront Investment Group LLC’s portfolio, making the stock its 8th largest position. RiverFront Investment Group LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $110,874,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Cullen Frost Bankers Inc. lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 740.5% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 353 shares of the company’s stock valued at $27,000 after buying an additional 311 shares during the period. CarsonAllaria Wealth Management Ltd. acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth about $32,000. Evolution Advisers Inc. acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth about $35,000. AdvisorNet Financial Inc raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 344.8% in the 4th quarter. AdvisorNet Financial Inc now owns 516 shares of the company’s stock worth $42,000 after purchasing an additional 400 shares during the period. Finally, Gradient Investments LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 56.3% in the 4th quarter. Gradient Investments LLC now owns 791 shares of the company’s stock worth $64,000 after purchasing an additional 285 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ VCIT traded up $0.19 during trading hours on Friday, reaching $78.41. The company’s stock had a trading volume of 4,608,983 shares, compared to its average volume of 8,064,237. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $73.78 and a 1-year high of $81.65. The company’s 50-day moving average is $79.57 and its two-hundred day moving average is $78.99.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were paid 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 of this dividend was Monday, April 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.