Bank of New York Mellon Corp Grows Stock Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Bank of New York Mellon Corp boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 8.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 2,093,581 shares of the company’s stock after acquiring an additional 169,398 shares during the quarter. Bank of New York Mellon Corp’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $175,337,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Rothschild Investment LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 17.4% in the third quarter. Rothschild Investment LLC now owns 810 shares of the company’s stock valued at $68,000 after acquiring an additional 120 shares during the last quarter. BridgePort Financial Solutions LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.6% in the 4th quarter. BridgePort Financial Solutions LLC now owns 21,027 shares of the company’s stock valued at $1,761,000 after purchasing an additional 120 shares during the period. Sincerus Advisory LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.5% in the 4th quarter. Sincerus Advisory LLC now owns 24,561 shares of the company’s stock valued at $2,057,000 after purchasing an additional 121 shares during the period. Valued Retirements Inc. grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.5% during the 4th quarter. Valued Retirements Inc. now owns 3,591 shares of the company’s stock worth $301,000 after buying an additional 121 shares during the last quarter. Finally, Topel & Distasi Wealth Management LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 0.5% during the third quarter. Topel & Distasi Wealth Management LLC now owns 25,872 shares of the company’s stock worth $2,176,000 after buying an additional 131 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.6%

Shares of NASDAQ VCIT opened at $81.91 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $81.00 and a twelve month high of $84.84. The stock has a 50 day moving average of $82.67 and a two-hundred day moving average of $83.43.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

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.