Alesco Advisors LLC Has $834,000 Stock Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Alesco Advisors LLC reduced its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 13.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 10,265 shares of the company’s stock after selling 1,580 shares during the period. Alesco Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $834,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Royal Bank of Canada raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 22.2% in the third quarter. Royal Bank of Canada now owns 10,642,263 shares of the company’s stock valued at $808,597,000 after purchasing an additional 1,933,732 shares during the last quarter. LPL Financial LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.8% in the third quarter. LPL Financial LLC now owns 10,439,091 shares of the company’s stock valued at $793,162,000 after purchasing an additional 385,801 shares during the last quarter. Prudential PLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 81.9% in the third quarter. Prudential PLC now owns 9,778,515 shares of the company’s stock valued at $742,972,000 after buying an additional 4,402,033 shares in the last quarter. Morgan Stanley grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.6% in the third quarter. Morgan Stanley now owns 9,343,865 shares of the company’s stock valued at $709,947,000 after buying an additional 661,996 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 36.2% in the third quarter. Ameriprise Financial Inc. now owns 8,513,980 shares of the company’s stock valued at $647,208,000 after buying an additional 2,262,458 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCIT traded up $0.19 during midday trading on Friday, hitting $78.41. The stock had a trading volume of 4,600,893 shares, compared to its average volume of 8,064,237. The business’s 50-day simple moving average is $79.57 and its 200-day simple moving average is $78.96. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $73.78 and a 12 month high of $81.65.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were paid a $0.2944 dividend. The ex-dividend date was Monday, April 1st. This is an increase 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.