AA Financial Advisors LLC Sells 11,426 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

AA Financial Advisors LLC decreased its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 9.4% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 110,098 shares of the company’s stock after selling 11,426 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up 1.3% of AA Financial Advisors LLC’s investment portfolio, making the stock its 21st biggest position. AA Financial Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $9,111,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Morton Brown Family Wealth LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 4.9% in the first quarter. Morton Brown Family Wealth LLC now owns 162,814 shares of the company’s stock valued at $13,473,000 after purchasing an additional 7,640 shares in the last quarter. Maseco LLP boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 5.6% in the first quarter. Maseco LLP now owns 4,732 shares of the company’s stock valued at $392,000 after acquiring an additional 252 shares during the last quarter. OLD National Bancorp IN grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 12.4% during the 1st quarter. OLD National Bancorp IN now owns 372,583 shares of the company’s stock worth $30,831,000 after acquiring an additional 41,043 shares during the period. Balance Wealth LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 18.8% in the 1st quarter. Balance Wealth LLC now owns 17,223 shares of the company’s stock valued at $1,425,000 after buying an additional 2,722 shares in the last quarter. Finally, Silver Oak Securities Incorporated increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.5% during the first quarter. Silver Oak Securities Incorporated now owns 3,964 shares of the company’s stock valued at $328,000 after buying an additional 134 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.1%

Shares of VCIT opened at $82.79 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $81.43 and a 1-year high of $84.84. The firm’s 50 day simple moving average is $82.57 and its 200 day simple moving average is $83.26.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were paid a dividend of $0.3412 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%. 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.

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.