Global Assets Advisory LLC Raises Stake in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Global Assets Advisory LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 22.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 103,216 shares of the company’s stock after acquiring an additional 18,644 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up about 2.5% of Global Assets Advisory LLC’s holdings, making the stock its 5th largest holding. Global Assets Advisory LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $8,644,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Richards Merrill & Peterson Inc. bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at $30,000. Chapman Financial Group LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at $31,000. United Financial Planning Group LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at $34,000. Abich Financial Wealth Management LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at $35,000. Finally, Founders Financial Alliance LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at $45,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT stock opened at $82.22 on Tuesday. The company’s fifty day simple moving average is $82.70 and its two-hundred day simple moving average is $83.51. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $80.82 and a 1 year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st were issued 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 yield of 4.8%.

Vanguard Intermediate-Term Corporate Bond ETF 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.