Nicholas Hoffman & Company LLC. Buys Shares of 98,346 Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Nicholas Hoffman & Company LLC. acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 98,346 shares of the company’s stock, valued at approximately $8,272,000. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 0.2% of Nicholas Hoffman & Company LLC.’s investment portfolio, making the stock its 28th biggest holding.

A number of other institutional investors have also recently bought and sold shares of VCIT. Fisher Asset Management LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 5.0% in the second quarter. Fisher Asset Management LLC now owns 102,253,864 shares of the company’s stock worth $8,478,891,000 after purchasing an additional 4,850,259 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.6% in the second quarter. JPMorgan Chase & Co. now owns 55,312,304 shares of the company’s stock valued at $4,586,496,000 after acquiring an additional 3,404,271 shares during the last quarter. Corient Private Wealth LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 93.8% in the 2nd quarter. Corient Private Wealth LLC now owns 3,915,948 shares of the company’s stock worth $324,711,000 after acquiring an additional 1,895,302 shares in the last quarter. National Bank of Canada FI increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 1,249.1% during the 2nd quarter. National Bank of Canada FI now owns 865,566 shares of the company’s stock valued at $71,772,000 after purchasing an additional 801,407 shares in the last quarter. Finally, Brevan Howard Capital Management LP bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at $62,044,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCIT opened at $84.72 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $78.66 and a 12 month high of $84.84. The company’s 50-day moving average price is $84.01 and its two-hundred day moving average price is $83.96.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were given a $0.33 dividend. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date was Monday, February 2nd.

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.