Vanguard Intermediate-Term Corporate Bond ETF $VCIT Position Boosted by Financial Advisory Partners LLC

Financial Advisory Partners LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 5.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 586,438 shares of the company’s stock after purchasing an additional 29,811 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 14.4% of Financial Advisory Partners LLC’s investment portfolio, making the stock its biggest holding. Financial Advisory Partners LLC owned approximately 0.09% of Vanguard Intermediate-Term Corporate Bond ETF worth $49,325,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Caldwell Trust Co purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at about $25,000. Mattson Financial Services LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter worth approximately $28,000. Aspect Partners LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter valued at approximately $28,000. Chapman Financial Group LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter worth approximately $31,000. Finally, NewSquare Capital LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter worth approximately $33,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT stock opened at $83.96 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $78.66 and a one year high of $84.84. The company’s fifty day moving average price is $83.90 and its 200-day moving average price is $83.57.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 3rd. Stockholders of record on Monday, December 1st were given a $0.3223 dividend. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date was Monday, December 1st.

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.