Parsons Capital Management Inc. RI Has $3.90 Million Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Parsons Capital Management Inc. RI grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 32.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 46,504 shares of the company’s stock after purchasing an additional 11,379 shares during the quarter. Parsons Capital Management Inc. RI’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,895,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Caldwell Trust Co bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at approximately $25,000. Chapman Financial Group LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth approximately $31,000. United Financial Planning Group LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth approximately $34,000. Abich Financial Wealth Management LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth approximately $35,000. Finally, Delos Wealth Advisors LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at approximately $37,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.7%

VCIT stock opened at $82.01 on Friday. The company has a fifty day moving average price of $83.72 and a 200-day moving average price of $83.94. 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 business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a $0.3026 dividend. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date was Monday, March 2nd.

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.