Bishop & Co Investment Management LLC Buys 16,378 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Bishop & Co Investment Management LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 405,214 shares of the company’s stock after acquiring an additional 16,378 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 19.7% of Bishop & Co Investment Management LLC’s holdings, making the stock its biggest holding. Bishop & Co Investment Management LLC owned about 0.07% of Vanguard Intermediate-Term Corporate Bond ETF worth $32,389,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VCIT. Fisher Asset Management LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 6.4% in the fourth quarter. Fisher Asset Management LLC now owns 73,066,770 shares of the company’s stock valued at $5,938,867,000 after acquiring an additional 4,407,258 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 6.6% during the 1st quarter. JPMorgan Chase & Co. now owns 62,648,363 shares of the company’s stock valued at $5,043,820,000 after purchasing an additional 3,892,110 shares during the period. Prudential PLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 81.9% in the 2nd quarter. Prudential PLC now owns 22,681,050 shares of the company’s stock valued at $1,812,896,000 after purchasing an additional 10,210,788 shares during the last quarter. LPL Financial LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.7% in the 2nd quarter. LPL Financial LLC now owns 10,363,537 shares of the company’s stock valued at $828,357,000 after purchasing an additional 68,907 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 41.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 10,027,030 shares of the company’s stock valued at $801,460,000 after purchasing an additional 2,914,442 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ VCIT opened at $83.82 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $73.78 and a fifty-two week high of $83.96. The company’s 50 day simple moving average is $82.06 and its 200 day simple moving average is $80.48.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were paid a $0.301 dividend. The ex-dividend date was Tuesday, September 3rd. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29.

About Vanguard Intermediate-Term Corporate Bond ETF

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.