Prospect Financial Services LLC Has $5.72 Million Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Prospect Financial Services LLC reduced its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 26.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 69,036 shares of the company’s stock after selling 24,897 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises about 3.4% of Prospect Financial Services LLC’s portfolio, making the stock its 8th biggest position. Prospect Financial Services LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $5,724,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also modified their holdings of the company. Wealthfront Advisers LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 69.4% in the 2nd quarter. Wealthfront Advisers LLC now owns 4,871,726 shares of the company’s stock valued at $403,964,000 after buying an additional 1,995,404 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.4% during the first quarter. JPMorgan Chase & Co. now owns 51,908,033 shares of the company’s stock worth $4,244,058,000 after acquiring an additional 1,718,299 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.9% during the first quarter. Ameriprise Financial Inc. now owns 10,033,175 shares of the company’s stock valued at $821,046,000 after acquiring an additional 987,197 shares during the period. Mather Group LLC. lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5,086,135.3% during the second quarter. Mather Group LLC. now owns 864,660 shares of the company’s stock valued at $71,698,000 after acquiring an additional 864,643 shares during the period. Finally, Venturi Wealth Management LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 11,596.4% in the second quarter. Venturi Wealth Management LLC now owns 668,447 shares of the company’s stock valued at $55,428,000 after acquiring an additional 662,732 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.3%

Shares of VCIT stock opened at $83.70 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $78.66 and a 12 month high of $84.84. The stock has a 50-day moving average price of $84.17 and a 200 day moving average price of $82.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were given a dividend of $0.326 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 4.7%.

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.