Buffalo Business & Estate Services Ltd. Raises Stake in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Buffalo Business & Estate Services Ltd. grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 0.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,629,062 shares of the company’s stock after acquiring an additional 13,222 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 19.6% of Buffalo Business & Estate Services Ltd.’s portfolio, making the stock its largest holding. Buffalo Business & Estate Services Ltd. owned about 0.21% of Vanguard Intermediate-Term Corporate Bond ETF worth $134,805,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in VCIT. Corient Private Wealth LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 438.6% during the fourth quarter. Corient Private Wealth LLC now owns 10,303,448 shares of the company’s stock worth $862,914,000 after purchasing an additional 8,390,355 shares during the last quarter. Bank of America Corp DE grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 7.7% in the 3rd quarter. Bank of America Corp DE now owns 82,297,228 shares of the company’s stock worth $6,922,020,000 after purchasing an additional 5,909,857 shares in the last quarter. Morgan Stanley increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 22.4% in the 4th 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 lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.1% during the 4th quarter. Fisher Asset Management LLC now owns 83,976,379 shares of the company’s stock worth $7,033,022,000 after buying an additional 3,339,026 shares in the last quarter. Finally, Nepc LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 37.8% in the 4th quarter. Nepc LLC now owns 6,093,365 shares of the company’s stock worth $510,319,000 after buying an additional 1,670,078 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ VCIT opened at $82.29 on Tuesday. The stock’s 50 day moving average price is $82.61 and its 200-day moving average price is $83.29. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $81.43 and a twelve month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were issued a dividend of $0.3412 per share. This represents a c) dividend on an annualized basis and a yield of 5.0%. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33. The ex-dividend date was Monday, June 1st.

Vanguard Intermediate-Term Corporate Bond ETF Company Profile

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.