Fairway Wealth LLC Invests $59,000 in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Fairway Wealth LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the 4th quarter, Holdings Channel.com reports. The firm acquired 740 shares of the company’s stock, valued at approximately $59,000.

A number of other large investors have also made changes to their positions in VCIT. Fisher Asset Management LLC lifted its holdings in 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 valued at $7,447,768,000 after purchasing an additional 4,289,340 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at approximately $323,370,000. Life Planning Partners Inc lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7,732.2% during the fourth quarter. Life Planning Partners Inc now owns 2,308,083 shares of the company’s stock valued at $185,270,000 after buying an additional 2,278,614 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of 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 valued at $3,952,729,000 after buying an additional 1,165,222 shares during the period. Finally, Benjamin Edwards Inc. boosted its position 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 worth $56,782,000 after acquiring an additional 629,019 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.3 %

Shares of VCIT opened at $81.58 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $77.80 and a fifty-two week high of $84.26. The stock has a fifty day moving average of $80.70 and a two-hundred day moving average of $81.65.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Investors 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.