Compass Financial Group Inc. Ohio Purchases Shares of 41,044 Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Compass Financial Group Inc. Ohio purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 41,044 shares of the company’s stock, valued at approximately $3,437,000. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 2.5% of Compass Financial Group Inc. Ohio’s investment portfolio, making the stock its 14th biggest position.

Several other hedge funds have also modified their holdings of VCIT. Pure Financial Advisors LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 37.9% in the fourth quarter. Pure Financial Advisors LLC now owns 31,114 shares of the company’s stock worth $2,606,000 after acquiring an additional 8,544 shares in the last quarter. Rehmann Capital Advisory Group lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.5% in the fourth quarter. Rehmann Capital Advisory Group now owns 38,980 shares of the company’s stock valued at $3,265,000 after purchasing an additional 183 shares in the last quarter. SHP Wealth Management acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth $70,806,000. Amicus Financial Advisors LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth $858,000. Finally, Clearwave Capital LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth approximately $202,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $82.48 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $81.43 and a 52-week high of $84.84. The stock has a 50-day simple moving average of $82.62 and a 200-day simple moving average of $83.30.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were issued a $0.3412 dividend. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33. The ex-dividend date was 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.