Vanguard Intermediate-Term Corporate Bond ETF $VCIT is Financial Futures Ltd Liability Co.’s Largest Position

Financial Futures Ltd Liability Co. raised its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 7.1% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 209,671 shares of the company’s stock after purchasing an additional 13,844 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for 7.6% of Financial Futures Ltd Liability Co.’s portfolio, making the stock its biggest position. Financial Futures Ltd Liability Co.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $17,350,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently made changes to their positions in VCIT. HHM Wealth Advisors LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter valued at $29,000. Brown Brothers Harriman & Co. increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 136.1% in the fourth quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock valued at $29,000 after acquiring an additional 200 shares during the period. Richards Merrill & Peterson Inc. purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at about $30,000. Monetary Solutions Ltd bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at about $30,000. Finally, Chapman Financial Group LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter valued at about $31,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.1%

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $82.91 on Friday. The firm has a 50-day moving average of $82.56 and a 200-day moving average of $83.26. 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 announced 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) annualized dividend 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 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.