Vanguard Intermediate-Term Corporate Bond ETF $VCIT Stock Holdings Lifted by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 59.3% in the third quarter, Holdings Channel.com reports. The fund owned 28,727 shares of the company’s stock after buying an additional 10,695 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,416,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of VCIT. Rothschild Investment LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 17.4% in the 3rd quarter. Rothschild Investment LLC now owns 810 shares of the company’s stock valued at $68,000 after purchasing an additional 120 shares during the period. TI Trust Inc. lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 4.4% during the third quarter. TI Trust Inc. now owns 3,226 shares of the company’s stock valued at $271,000 after buying an additional 135 shares in the last quarter. Cedar Point Capital Partners LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.6% in the third quarter. Cedar Point Capital Partners LLC now owns 4,159 shares of the company’s stock worth $350,000 after buying an additional 145 shares during the period. Stevens Capital Partners boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.2% in the third quarter. Stevens Capital Partners now owns 2,921 shares of the company’s stock worth $246,000 after buying an additional 145 shares during the period. Finally, Hickory Point Bank & Trust increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.1% in the third quarter. Hickory Point Bank & Trust now owns 7,455 shares of the company’s stock worth $627,000 after acquiring an additional 150 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT stock opened at $84.52 on Friday. The company’s 50 day simple moving average is $83.91 and its 200-day simple moving average is $83.89. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $78.66 and a 52-week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were given a $0.33 dividend. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend was Monday, February 2nd.

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.