Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Purchased by Fortis Capital Management LLC

Fortis Capital Management LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 98,049 shares of the company’s stock after acquiring an additional 1,089 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 1.5% of Fortis Capital Management LLC’s portfolio, making the stock its 16th biggest holding. Fortis Capital Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $7,870,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in VCIT. Fisher Asset Management LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 4.8% in the 4th quarter. Fisher Asset Management LLC now owns 92,783,951 shares of the company’s stock valued at $7,447,768,000 after purchasing an additional 4,289,340 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at $323,370,000. Life Planning Partners Inc lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 7,732.2% in the 4th quarter. Life Planning Partners Inc now owns 2,308,083 shares of the company’s stock valued at $185,270,000 after purchasing an additional 2,278,614 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 2.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 47,196,763 shares of the company’s stock valued at $3,952,729,000 after purchasing an additional 1,165,222 shares in the last quarter. Finally, Benjamin Edwards Inc. lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 1,284.5% in the 3rd quarter. Benjamin Edwards Inc. now owns 677,989 shares of the company’s stock valued at $56,782,000 after purchasing an additional 629,019 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT stock opened at $81.64 on Friday. The stock’s fifty day moving average is $80.93 and its two-hundred day moving average is $81.56. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $77.80 and a fifty-two week high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a $0.2865 dividend. The ex-dividend date was Monday, March 3rd.

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.