Vanguard Intermediate-Term Corporate Bond ETF $VCIT Stock Position Boosted by Focused Wealth Management Inc

Focused Wealth Management Inc increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 6.0% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 579,931 shares of the company’s stock after purchasing an additional 32,783 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 5.0% of Focused Wealth Management Inc’s investment portfolio, making the stock its 4th largest position. Focused Wealth Management Inc owned about 0.07% of Vanguard Intermediate-Term Corporate Bond ETF worth $47,989,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. DecisionPoint Financial LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 2.9% in the 4th quarter. DecisionPoint Financial LLC now owns 539,643 shares of the company’s stock valued at $45,195,000 after buying an additional 15,021 shares in the last quarter. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at about $715,000. First Horizon Corp grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 323.9% in the fourth quarter. First Horizon Corp now owns 11,648 shares of the company’s stock valued at $976,000 after purchasing an additional 8,900 shares during the period. Counterweight Ventures LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 13.3% during the fourth quarter. Counterweight Ventures LLC now owns 61,155 shares of the company’s stock worth $5,122,000 after purchasing an additional 7,179 shares during the last quarter. Finally, Constellation Investments Inc. raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 57.0% during the fourth quarter. Constellation Investments Inc. now owns 1,746,325 shares of the company’s stock worth $146,255,000 after purchasing an additional 633,750 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.1%

NASDAQ:VCIT opened at $82.37 on Wednesday. The company’s 50-day moving average is $82.60 and its two-hundred day moving average is $83.28. 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. Investors of record on Monday, June 1st were given a $0.3412 dividend. The ex-dividend date 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 yield of 5.0%.

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.