Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Bought by Topsail Wealth Management LLC

Topsail Wealth Management LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 5.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 186,512 shares of the company’s stock after acquiring an additional 9,914 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 2.3% of Topsail Wealth Management LLC’s portfolio, making the stock its 9th biggest position. Topsail Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $15,620,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in VCIT. Brighton Jones LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 107.9% during the fourth quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock worth $716,000 after buying an additional 4,627 shares in the last quarter. Daiwa Securities Group Inc. grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.4% during the second quarter. Daiwa Securities Group Inc. now owns 54,690 shares of the company’s stock worth $4,535,000 after buying an additional 2,300 shares in the last quarter. Qube Research & Technologies Ltd grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 67.1% during the second quarter. Qube Research & Technologies Ltd now owns 298,502 shares of the company’s stock worth $24,752,000 after buying an additional 119,837 shares in the last quarter. Squarepoint Ops LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 347.4% during the second quarter. Squarepoint Ops LLC now owns 15,132 shares of the company’s stock worth $1,255,000 after buying an additional 11,750 shares in the last quarter. Finally, Main Street Financial Solutions LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 8.6% during the second quarter. Main Street Financial Solutions LLC now owns 18,100 shares of the company’s stock worth $1,501,000 after buying an additional 1,433 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $82.49 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $80.42 and a one year high of $84.84. The business has a 50-day simple moving average of $82.98 and a 200-day simple moving average of $83.65.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were given a dividend of $0.3262 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%.

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.