TI Trust Inc. Purchases 446 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

TI Trust Inc. increased its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 17.7% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 2,967 shares of the company’s stock after purchasing an additional 446 shares during the period. TI Trust Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $238,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.5% in the 3rd 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 in the last quarter. Creative Planning lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.7% in the 3rd quarter. Creative Planning now owns 24,067,807 shares of the company’s stock valued at $2,015,679,000 after acquiring an additional 395,318 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.6% in the 3rd quarter. LPL Financial LLC now owns 10,738,931 shares of the company’s stock valued at $899,385,000 after acquiring an additional 375,394 shares during the last quarter. PNC Financial Services Group Inc. grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 3.2% in the third quarter. PNC Financial Services Group Inc. now owns 3,646,603 shares of the company’s stock worth $305,403,000 after acquiring an additional 113,864 shares in the last quarter. Finally, Blue Trust Inc. increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 2.3% during the third quarter. Blue Trust Inc. now owns 2,623,228 shares of the company’s stock worth $209,675,000 after acquiring an additional 59,941 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT stock opened at $80.42 on Monday. The stock’s 50 day simple moving average is $80.80 and its two-hundred day simple moving average is $81.76. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $77.80 and a 1 year high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were given a $0.3119 dividend. The ex-dividend date was Tuesday, December 24th. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.30.

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.