Hanson & Doremus Investment Management Acquires 23,900 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Hanson & Doremus Investment Management raised its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.0% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 618,693 shares of the company’s stock after purchasing an additional 23,900 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 5.9% of Hanson & Doremus Investment Management’s holdings, making the stock its 4th biggest holding. Hanson & Doremus Investment Management owned 0.08% of Vanguard Intermediate-Term Corporate Bond ETF worth $51,197,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. XML Financial LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 127.8% in the first quarter. XML Financial LLC now owns 144,203 shares of the company’s stock valued at $11,933,000 after acquiring an additional 80,896 shares during the period. Capital Advisors Ltd. LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 151.2% during the 1st quarter. Capital Advisors Ltd. LLC now owns 633 shares of the company’s stock worth $52,000 after purchasing an additional 381 shares during the period. Brookstone Capital Management lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 13.5% in the 1st quarter. Brookstone Capital Management now owns 51,902 shares of the company’s stock worth $4,295,000 after purchasing an additional 6,165 shares during the last quarter. OxenFree Capital LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.2% in the 1st quarter. OxenFree Capital LLC now owns 43,956 shares of the company’s stock worth $3,664,000 after purchasing an additional 2,575 shares during the last quarter. Finally, Center For Asset Management LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.3% in the 1st quarter. Center For Asset Management LLC now owns 24,734 shares of the company’s stock worth $2,047,000 after purchasing an additional 1,455 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.2%

Shares of NASDAQ VCIT opened at $82.29 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $81.43 and a 1-year high of $84.84. The business’s fifty day moving average price is $82.61 and its two-hundred day moving average price is $83.29.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were paid a $0.3412 dividend. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33. This represents a c) annualized dividend and a dividend 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.