Vanguard Intermediate-Term Corporate Bond ETF $VCIT Position Raised by Financial Freedom LLC

Financial Freedom LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 176,702 shares of the company’s stock after buying an additional 7,772 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up 7.3% of Financial Freedom LLC’s portfolio, making the stock its 2nd biggest position. Financial Freedom LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $14,799,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of VCIT. Bank of America Corp DE boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.7% during the third quarter. Bank of America Corp DE now owns 82,297,228 shares of the company’s stock valued at $6,922,020,000 after buying an additional 5,909,857 shares during the last quarter. Morgan Stanley boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 22.4% during the fourth quarter. Morgan Stanley now owns 24,048,406 shares of the company’s stock valued at $2,014,054,000 after buying an additional 4,399,400 shares during the last quarter. Fisher Asset Management LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.1% during the fourth quarter. Fisher Asset Management LLC now owns 83,976,379 shares of the company’s stock valued at $7,033,022,000 after buying an additional 3,339,026 shares during the last quarter. Corient Private Wealth LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 93.8% during the second quarter. Corient Private Wealth LLC now owns 3,915,948 shares of the company’s stock valued at $324,711,000 after buying an additional 1,895,302 shares during the last quarter. Finally, Buffalo Business & Estate Services Ltd. purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at $135,327,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.1%

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $82.59 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $81.43 and a one year high of $84.84. The business’s fifty day moving average is $82.65 and its 200 day moving average is $83.34.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

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.