Raymond James Financial Inc. Takes Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Raymond James Financial Inc. acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 4,028,526 shares of the company’s stock, valued at approximately $323,370,000. Raymond James Financial Inc. owned 0.66% of Vanguard Intermediate-Term Corporate Bond ETF at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Providence Capital Advisors LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at about $25,000. Midwest Capital Advisors LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at approximately $33,000. Nvwm LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 42.6% during the fourth quarter. Nvwm LLC now owns 499 shares of the company’s stock valued at $40,000 after buying an additional 149 shares during the last quarter. Sound Income Strategies LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 50.7% in the fourth quarter. Sound Income Strategies LLC now owns 532 shares of the company’s stock worth $43,000 after acquiring an additional 179 shares during the period. Finally, Field & Main Bank purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth $52,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT stock opened at $81.41 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $77.80 and a 1 year high of $84.26. The firm has a fifty day moving average price of $80.65 and a 200-day moving average price of $81.69.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued 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.