Morton Brown Family Wealth LLC Has $13.47 Million Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Morton Brown Family Wealth LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 162,814 shares of the company’s stock after purchasing an additional 7,640 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for 3.6% of Morton Brown Family Wealth LLC’s portfolio, making the stock its 9th largest position. Morton Brown Family Wealth LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $13,473,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently bought and sold shares of VCIT. Bank of America Corp DE raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.1% during the fourth quarter. Bank of America Corp DE now owns 84,849,444 shares of the company’s stock worth $7,106,141,000 after acquiring an additional 2,552,216 shares during the last quarter. Fisher Asset Management LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 4.1% in the fourth quarter. Fisher Asset Management LLC now owns 83,976,379 shares of the company’s stock valued at $7,033,022,000 after acquiring an additional 3,339,026 shares during the last quarter. Creative Planning boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 3.6% in the third quarter. Creative Planning now owns 26,438,339 shares of the company’s stock valued at $2,223,729,000 after acquiring an additional 927,083 shares during the last quarter. Morgan Stanley increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 22.4% in the fourth quarter. Morgan Stanley now owns 24,048,406 shares of the company’s stock worth $2,014,054,000 after purchasing an additional 4,399,400 shares during the period. Finally, LPL Financial LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 5.9% in the fourth quarter. LPL Financial LLC now owns 10,895,493 shares of the company’s stock worth $912,498,000 after purchasing an additional 604,588 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCIT opened at $82.79 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $81.43 and a 1-year high of $84.84. The business has a 50-day moving average price of $82.57 and a two-hundred day moving average price of $83.26.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were given a dividend of $0.3412 per share. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 4.9%. This is a positive change 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.