Bridge Generations Wealth Management LLC Buys 13,812 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Bridge Generations Wealth Management LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 37.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 51,157 shares of the company’s stock after buying an additional 13,812 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises 2.7% of Bridge Generations Wealth Management LLC’s portfolio, making the stock its 12th biggest holding. Bridge Generations Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,284,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in VCIT. Richards Merrill & Peterson Inc. bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth about $30,000. Chapman Financial Group LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter worth about $31,000. United Financial Planning Group LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth about $34,000. Abich Financial Wealth Management LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth about $35,000. Finally, DT Investment Partners LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth about $42,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT opened at $82.45 on Tuesday. The business’s 50 day moving average is $82.68 and its 200 day moving average is $83.47. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $81.00 and a 12-month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, June 3rd. Investors of record on Monday, June 1st will be paid a dividend of $0.3412 per share. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33. The ex-dividend date of this dividend is Monday, June 1st. This represents a c) annualized dividend and a yield of 5.0%.

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.