Hassell Wealth Management LLC Boosts Stock Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Hassell Wealth Management LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 5.5% during the third quarter, Holdings Channel.com reports. The institutional investor owned 238,197 shares of the company’s stock after acquiring an additional 12,411 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 8.1% of Hassell Wealth Management LLC’s portfolio, making the stock its 4th biggest position. Hassell Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $19,382,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in VCIT. Insight Advisors LLC PA bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter valued at about $228,000. Vanguard Group Inc. boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 9.2% in the first quarter. Vanguard Group Inc. now owns 3,404,481 shares of the company’s stock worth $274,095,000 after acquiring an additional 286,685 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 4.6% in the second quarter. Bank of New York Mellon Corp now owns 1,705,190 shares of the company’s stock worth $136,296,000 after acquiring an additional 75,446 shares in the last quarter. First Pacific Financial boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 6.1% in the second quarter. First Pacific Financial now owns 275,356 shares of the company’s stock worth $22,009,000 after acquiring an additional 15,950 shares in the last quarter. Finally, Brookstone Capital Management boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 7.7% in the second quarter. Brookstone Capital Management now owns 24,812 shares of the company’s stock worth $2,015,000 after acquiring an additional 1,770 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCIT opened at $81.01 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $75.76 and a 52-week high of $84.25. The business has a 50-day moving average price of $82.70 and a 200-day moving average price of $81.37.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were paid a $0.3166 dividend. This represents a $3.80 annualized dividend and a dividend yield of 4.69%. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. The ex-dividend date of this dividend was Friday, November 1st.

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.