Smithbridge Asset Management Inc. DE Buys Shares of 30,899 Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Smithbridge Asset Management Inc. DE purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 30,899 shares of the company’s stock, valued at approximately $2,599,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 107.9% in the fourth quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock worth $716,000 after purchasing an additional 4,627 shares during the period. Focus Financial Network Inc. raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.9% in the 2nd quarter. Focus Financial Network Inc. now owns 3,824 shares of the company’s stock worth $317,000 after buying an additional 177 shares in the last quarter. Wedmont Private Capital raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 132.8% in the 2nd quarter. Wedmont Private Capital now owns 6,539 shares of the company’s stock worth $538,000 after buying an additional 3,730 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.5% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 321,048 shares of the company’s stock valued at $26,467,000 after buying an additional 10,790 shares during the period. Finally, Grove Bank & Trust bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter valued at about $148,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.2%

NASDAQ:VCIT opened at $83.78 on Friday. The business’s 50-day moving average price is $83.91 and its 200 day moving average price is $83.64. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $78.66 and a 52-week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 3rd. Stockholders of record on Monday, December 1st were paid a $0.3223 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) annualized dividend and a dividend yield of 4.6%.

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. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.