Arista Wealth Management LLC Grows Stock Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Arista Wealth Management LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.5% during the 4th quarter, HoldingsChannel reports. The firm owned 577,207 shares of the company’s stock after purchasing an additional 24,983 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 5.9% of Arista Wealth Management LLC’s holdings, making the stock its 4th largest holding. Arista Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $48,341,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of VCIT. Richards Merrill & Peterson Inc. bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at about $30,000. Chapman Financial Group LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at about $31,000. United Financial Planning Group LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at about $34,000. Abich Financial Wealth Management LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at about $35,000. Finally, Founders Financial Alliance LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at about $45,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.1%

NASDAQ:VCIT opened at $82.60 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $81.00 and a fifty-two week high of $84.84. The business’s 50-day simple moving average is $82.70 and its 200-day simple moving average is $83.49.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were given a $0.3262 dividend. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Friday, May 1st.

Vanguard Intermediate-Term Corporate Bond ETF 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.