Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Purchased by FLC Capital Advisors

FLC Capital Advisors lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 6.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 157,118 shares of the company’s stock after purchasing an additional 10,195 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up 2.4% of FLC Capital Advisors’ investment portfolio, making the stock its 8th largest holding. FLC Capital Advisors’ holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $13,159,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VCIT. Rothschild Investment LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 17.4% during the third quarter. Rothschild Investment LLC now owns 810 shares of the company’s stock worth $68,000 after acquiring an additional 120 shares during the last quarter. BridgePort Financial Solutions LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 0.6% during the fourth quarter. BridgePort Financial Solutions LLC now owns 21,027 shares of the company’s stock worth $1,761,000 after acquiring an additional 120 shares during the last quarter. Sincerus Advisory LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 0.5% during the fourth quarter. Sincerus Advisory LLC now owns 24,561 shares of the company’s stock worth $2,057,000 after acquiring an additional 121 shares during the last quarter. Valued Retirements Inc. raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 3.5% during the fourth quarter. Valued Retirements Inc. now owns 3,591 shares of the company’s stock worth $301,000 after acquiring an additional 121 shares during the last quarter. Finally, Topel & Distasi Wealth Management LLC raised 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 acquiring an additional 131 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT opened at $81.91 on Friday. The company 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 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 was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were given a dividend of $0.3412 per share. The ex-dividend date was Monday, June 1st. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33. This represents a c) dividend on an annualized basis 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.