Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Acquired by Cedar Point Capital Partners LLC

Cedar Point Capital Partners LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 201.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 12,534 shares of the company’s stock after acquiring an additional 8,375 shares during the period. Cedar Point Capital Partners LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,050,000 as of its most recent SEC filing.

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

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT opened at $81.97 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $81.43 and a twelve month high of $84.84. The firm’s fifty day simple moving average is $82.66 and its 200-day simple moving average is $83.39.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were paid a dividend of $0.3412 per share. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a yield of 5.0%. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33.

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.