Lowe Brockenbrough & Co. Inc. Raises Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Lowe Brockenbrough & Co. Inc. boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 17.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 57,319 shares of the company’s stock after acquiring an additional 8,606 shares during the quarter. Lowe Brockenbrough & Co. Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,601,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Fisher Asset Management LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.8% during the 4th quarter. Fisher Asset Management LLC now owns 92,783,951 shares of the company’s stock worth $7,447,768,000 after purchasing an additional 4,289,340 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 2.5% during the third quarter. JPMorgan Chase & Co. now owns 47,196,763 shares of the company’s stock worth $3,952,729,000 after buying an additional 1,165,222 shares during the period. LPL Financial LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.6% during the third quarter. LPL Financial LLC now owns 10,738,931 shares of the company’s stock worth $899,385,000 after buying an additional 375,394 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at about $323,370,000. Finally, PNC Financial Services Group Inc. raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,817,496 shares of the company’s stock valued at $306,430,000 after acquiring an additional 170,893 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT stock opened at $81.67 on Friday. The firm’s 50 day moving average price is $80.89 and its 200-day moving average price is $81.58. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $77.80 and a one year high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

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

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.