Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Purchased by Focus Partners Wealth

Focus Partners Wealth lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 65.4% in the fourth quarter, Holdings Channel reports. The firm owned 2,201,696 shares of the company’s stock after buying an additional 870,561 shares during the period. Focus Partners Wealth’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $184,365,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. DecisionPoint Financial LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 2.9% during the 4th quarter. DecisionPoint Financial LLC now owns 539,643 shares of the company’s stock worth $45,195,000 after acquiring an additional 15,021 shares during the period. Coyle Financial Counsel LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 17.1% during the 3rd quarter. Coyle Financial Counsel LLC now owns 173,219 shares of the company’s stock worth $14,569,000 after acquiring an additional 25,336 shares during the period. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth about $715,000. Ameritas Investment Partners Inc. lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 7.9% during the 3rd quarter. Ameritas Investment Partners Inc. now owns 234,801 shares of the company’s stock worth $19,749,000 after acquiring an additional 17,222 shares during the period. Finally, First Horizon Corp lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 323.9% during the 4th quarter. First Horizon Corp now owns 11,648 shares of the company’s stock worth $976,000 after acquiring an additional 8,900 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.1%

Shares of VCIT opened at $82.45 on Friday. The stock has a 50-day moving average of $82.66 and a two-hundred day moving average of $83.38. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $81.43 and a one year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

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.