Townsquare Capital LLC Grows Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Townsquare Capital LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 17.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,419,924 shares of the company’s stock after buying an additional 209,703 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up 1.3% of Townsquare Capital LLC’s investment portfolio, making the stock its 12th largest position. Townsquare Capital LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $113,977,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in VCIT. Marshall Financial Group Inc. ADV increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 6.5% in the 4th quarter. Marshall Financial Group Inc. ADV now owns 35,148 shares of the company’s stock worth $2,821,000 after buying an additional 2,139 shares during the period. Leeward Financial Partners LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 13.6% in the 4th quarter. Leeward Financial Partners LLC now owns 19,466 shares of the company’s stock valued at $1,563,000 after acquiring an additional 2,325 shares during the last quarter. Brookstone Capital Management increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 39.8% in the fourth quarter. Brookstone Capital Management now owns 43,401 shares of the company’s stock worth $3,484,000 after acquiring an additional 12,357 shares during the period. Arkadios Wealth Advisors purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth $281,000. Finally, Timonier Family Office LTD. acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at $725,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.3 %

NASDAQ:VCIT opened at $79.56 on Friday. The firm’s fifty day moving average is $81.16 and its two-hundred day moving average is $81.26. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $77.80 and a one year high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were paid a $0.3189 dividend. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date was Tuesday, April 1st. This represents a $3.83 dividend on an annualized basis and a dividend yield of 4.81%.

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.