Victory Capital Management Inc. Grows Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Victory Capital Management Inc. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 2.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 289,392 shares of the company’s stock after purchasing an additional 7,124 shares during the period. Victory Capital Management Inc. owned about 0.05% of Vanguard Intermediate-Term Corporate Bond ETF worth $23,522,000 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 company. Cullen Frost Bankers Inc. raised 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. purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth about $32,000. Evolution Advisers Inc. purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at approximately $35,000. AdvisorNet Financial Inc increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 344.8% during the fourth quarter. AdvisorNet Financial Inc now owns 516 shares of the company’s stock worth $42,000 after acquiring an additional 400 shares during the period. Finally, Gradient Investments LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 56.3% during 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 Trading Down 0.2 %

Shares of VCIT opened at $79.25 on Thursday. The stock has a 50-day simple moving average of $79.45 and a 200-day simple moving average of $79.22. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $73.78 and a 1 year high of $81.65.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd were given a dividend of $0.2919 per share. The ex-dividend date of this dividend was Wednesday, May 1st.

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.