Tortoise Investment Management LLC Buys New Shares in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Tortoise Investment Management LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 344 shares of the company’s stock, valued at approximately $28,000.

Several other institutional investors also recently modified their holdings of the stock. Fisher Asset Management LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.8% in the 4th quarter. Fisher Asset Management LLC now owns 92,783,951 shares of the company’s stock worth $7,447,768,000 after acquiring an additional 4,289,340 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at $323,370,000. Life Planning Partners Inc increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 7,732.2% in the 4th quarter. Life Planning Partners Inc now owns 2,308,083 shares of the company’s stock worth $185,270,000 after purchasing an additional 2,278,614 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 2.5% during 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 during the period. Finally, Benjamin Edwards Inc. lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 1,284.5% during the third quarter. Benjamin Edwards Inc. now owns 677,989 shares of the company’s stock valued at $56,782,000 after buying an additional 629,019 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.5 %

Shares of VCIT opened at $81.17 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $77.80 and a one year high of $84.26. The company has a 50-day moving average of $80.71 and a two-hundred day moving average of $81.64.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given 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.