Bank of America Corp DE Grows Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Bank of America Corp DE lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 7.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 82,297,228 shares of the company’s stock after acquiring an additional 5,909,857 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for 0.5% of Bank of America Corp DE’s holdings, making the stock its 27th biggest position. Bank of America Corp DE owned approximately 0.12% of Vanguard Intermediate-Term Corporate Bond ETF worth $6,922,020,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Caldwell Trust Co acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter valued at $25,000. Chapman Financial Group LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth about $31,000. United Financial Planning Group LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth about $34,000. Abich Financial Wealth Management LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at about $35,000. Finally, Delos Wealth Advisors LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at about $37,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT stock opened at $82.46 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $78.66 and a 52-week high of $84.84. The business has a 50-day simple moving average of $83.96 and a 200-day simple moving average of $84.00.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a dividend of $0.3026 per share. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date was Monday, March 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.