Sumitomo Mitsui Financial Group Inc. Increases Stock Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Sumitomo Mitsui Financial Group Inc. grew its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,119 shares of the company’s stock after buying an additional 1,613 shares during the period. Sumitomo Mitsui Financial Group Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,023,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Fisher Asset Management LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 4.8% in the fourth quarter. Fisher Asset Management LLC now owns 92,783,951 shares of the company’s stock worth $7,447,768,000 after purchasing an additional 4,289,340 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.3% in the fourth quarter. JPMorgan Chase & Co. now owns 50,189,734 shares of the company’s stock worth $4,028,730,000 after buying an additional 2,992,971 shares during the period. LPL Financial LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.2% in the 4th quarter. LPL Financial LLC now owns 11,292,264 shares of the company’s stock valued at $906,430,000 after acquiring an additional 553,333 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 10,405,350 shares of the company’s stock valued at $835,237,000 after acquiring an additional 64,467 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 10.2% during the 4th quarter. Wells Fargo & Company MN now owns 9,154,276 shares of the company’s stock valued at $734,814,000 after acquiring an additional 845,313 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.3 %

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.79 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $77.80 and a one year high of $84.26. The business’s 50 day simple moving average is $81.24 and its two-hundred day simple moving average is $81.41.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st were issued a dividend of $0.3189 per share. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. This represents a $3.83 dividend on an annualized basis and a yield of 4.68%. The ex-dividend date of this dividend was Tuesday, April 1st.

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.