Matrix Trust Co Trims Stock Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Matrix Trust Co lowered its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 79,399 shares of the company’s stock after selling 788 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 1.5% of Matrix Trust Co’s holdings, making the stock its 16th biggest position. Matrix Trust Co’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $6,454,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Prudential PLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 81.9% in the 3rd quarter. Prudential PLC now owns 9,778,515 shares of the company’s stock worth $742,972,000 after buying an additional 4,402,033 shares in the last quarter. Johns Hopkins University purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth approximately $246,285,000. Charles Schwab Investment Management Inc. grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 46,962.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,943,274 shares of the company’s stock worth $223,630,000 after buying an additional 2,937,020 shares in the last quarter. Ameriprise Financial Inc. grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 36.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 8,513,980 shares of the company’s stock worth $647,208,000 after buying an additional 2,262,458 shares in the last quarter. Finally, Royal Bank of Canada grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 22.2% in the 3rd quarter. Royal Bank of Canada now owns 10,642,263 shares of the company’s stock worth $808,597,000 after buying an additional 1,933,732 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT stock traded up $0.19 during midday trading on Friday, reaching $78.41. The company had a trading volume of 4,608,983 shares, compared to its average volume of 8,064,237. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $73.78 and a 1 year high of $81.65. The firm has a 50-day moving average price of $79.57 and a 200-day moving average price of $78.96.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were paid a $0.2944 dividend. The ex-dividend date was Monday, April 1st. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.28.

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.