Orion Porfolio Solutions LLC Increases Stake in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Orion Porfolio Solutions LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 35.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 143,370 shares of the company’s stock after buying an additional 37,196 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $12,059,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Caldwell Trust Co purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at about $25,000. Aspect Partners LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth approximately $28,000. Chapman Financial Group LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth approximately $31,000. NewSquare Capital LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at approximately $33,000. Finally, Abich Financial Wealth Management LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at approximately $35,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.3%

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $83.84 on Friday. The business’s 50 day moving average price is $84.04 and its 200 day moving average price is $83.99. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $78.66 and a one year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.3026 per share. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Monday, March 2nd.

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. 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.