Covington Investment Advisors Inc. Has $7.95 Million Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Covington Investment Advisors Inc. boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 99,091 shares of the company’s stock after purchasing an additional 1,224 shares during the quarter. Covington Investment Advisors Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $7,954,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Fisher Asset Management LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 4.8% in the 4th quarter. Fisher Asset Management LLC now owns 92,783,951 shares of the company’s stock valued at $7,447,768,000 after acquiring an additional 4,289,340 shares during the period. JPMorgan Chase & Co. lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 6.3% during the 4th quarter. JPMorgan Chase & Co. now owns 50,189,734 shares of the company’s stock worth $4,028,730,000 after purchasing an additional 2,992,971 shares during the last quarter. LPL Financial LLC boosted its stake in 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 purchasing an additional 553,333 shares during the period. Raymond James Financial Inc. acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at $323,370,000. Finally, Vanguard Group Inc. increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 6.1% during the 4th quarter. Vanguard Group Inc. now owns 3,962,387 shares of the company’s stock worth $318,061,000 after buying an additional 227,510 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT opened at $81.24 on Friday. The stock has a fifty day moving average of $81.07 and a 200-day moving average of $81.52. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $77.80 and a fifty-two week high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a $0.2865 dividend. The ex-dividend date 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.