Vanguard Intermediate-Term Corporate Bond ETF $VCIT is Verus Wealth Management LLC’s 3rd Largest Position

Verus Wealth Management LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 6.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 105,583 shares of the company’s stock after purchasing an additional 6,571 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for 8.1% of Verus Wealth Management LLC’s portfolio, making the stock its 3rd largest holding. Verus Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $8,737,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. HHM Wealth Advisors LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter worth $29,000. Brown Brothers Harriman & Co. lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 136.1% in the fourth quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock valued at $29,000 after acquiring an additional 200 shares in the last quarter. Richards Merrill & Peterson Inc. purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at about $30,000. Monetary Solutions Ltd purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at about $30,000. Finally, Chapman Financial Group LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter worth about $31,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.4%

NASDAQ:VCIT opened at $82.65 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $81.43 and a 12-month high of $84.84. The stock has a 50-day moving average price of $82.54 and a 200 day moving average price of $83.24.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were paid a $0.3412 dividend. This represents a c) annualized dividend and a yield of 5.0%. The ex-dividend date was Monday, June 1st. 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.