Retirement Financial Solutions LLC Grows Stock Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Retirement Financial Solutions LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 61.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,044 shares of the company’s stock after purchasing an additional 6,093 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises about 0.4% of Retirement Financial Solutions LLC’s portfolio, making the stock its 27th largest holding. Retirement Financial Solutions LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,344,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of VCIT. Bank of America Corp DE increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.7% in the 3rd quarter. Bank of America Corp DE now owns 82,297,228 shares of the company’s stock valued at $6,922,020,000 after purchasing an additional 5,909,857 shares in the last quarter. Morgan Stanley increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 22.4% in the 4th quarter. Morgan Stanley now owns 24,048,406 shares of the company’s stock valued at $2,014,054,000 after purchasing an additional 4,399,400 shares in the last quarter. Fisher Asset Management LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.1% in the 4th quarter. Fisher Asset Management LLC now owns 83,976,379 shares of the company’s stock valued at $7,033,022,000 after purchasing an additional 3,339,026 shares in the last quarter. Corient Private Wealth LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 93.8% in the 2nd quarter. Corient Private Wealth LLC now owns 3,915,948 shares of the company’s stock valued at $324,711,000 after purchasing an additional 1,895,302 shares in the last quarter. Finally, Buffalo Business & Estate Services Ltd. purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at about $135,327,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $82.45 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $81.43 and a twelve month high of $84.84. The business has a 50-day moving average price of $82.66 and a 200 day moving average price of $83.37.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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