Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Sold by Brighton Securities CORP.

Brighton Securities CORP. cut its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 45.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,137 shares of the company’s stock after selling 10,760 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for 0.5% of Brighton Securities CORP.’s investment portfolio, making the stock its 21st largest holding. Brighton Securities CORP.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,100,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Mengis Capital Management Inc. lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 35.1% during the 4th quarter. Mengis Capital Management Inc. now owns 21,331 shares of the company’s stock worth $1,786,000 after purchasing an additional 5,539 shares during the last quarter. Storen Legacy Partners LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth $232,000. Bayban purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at $36,000. Compass Financial Group Inc. Ohio purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at $3,437,000. Finally, Pure Financial Advisors LLC increased its holdings in 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 valued at $2,606,000 after buying an additional 8,544 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $82.48 on Friday. The stock’s fifty day moving average is $82.62 and its two-hundred day moving average is $83.30. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $81.43 and a 1-year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were issued a $0.3412 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. 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.

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.