Florida Trust Wealth Management Co Increases Stake in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Florida Trust Wealth Management Co lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 48.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 300,726 shares of the company’s stock after purchasing an additional 97,683 shares during the period. Florida Trust Wealth Management Co’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $25,294,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the business. TI Trust Inc. lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.4% in the 3rd quarter. TI Trust Inc. now owns 3,226 shares of the company’s stock valued at $271,000 after acquiring an additional 135 shares during the last quarter. Leo Wealth LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.8% during the second quarter. Leo Wealth LLC now owns 7,998 shares of the company’s stock valued at $651,000 after acquiring an additional 143 shares during the last quarter. Cedar Point Capital Partners LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.6% during the third quarter. Cedar Point Capital Partners LLC now owns 4,159 shares of the company’s stock valued at $350,000 after acquiring an additional 145 shares during the last quarter. Stevens Capital Partners boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.2% during the third quarter. Stevens Capital Partners now owns 2,921 shares of the company’s stock worth $246,000 after purchasing an additional 145 shares during the period. Finally, Wallace Advisory Group LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.1% in the second quarter. Wallace Advisory Group LLC now owns 4,984 shares of the company’s stock worth $407,000 after purchasing an additional 149 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCIT opened at $83.78 on Monday. The stock’s 50-day moving average is $83.91 and its 200 day moving average is $83.65. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $78.66 and a 1 year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

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

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.