Keyvantage Wealth LLC Purchases 52,017 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Keyvantage Wealth LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 26.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 249,884 shares of the company’s stock after purchasing an additional 52,017 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 9.0% of Keyvantage Wealth LLC’s investment portfolio, making the stock its 3rd largest position. Keyvantage Wealth LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $20,928,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 107.9% in the fourth quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock valued at $716,000 after buying an additional 4,627 shares during the last quarter. Daiwa Securities Group Inc. boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 4.4% during the second quarter. Daiwa Securities Group Inc. now owns 54,690 shares of the company’s stock worth $4,535,000 after acquiring an additional 2,300 shares during the last quarter. Qube Research & Technologies Ltd grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 67.1% during the 2nd quarter. Qube Research & Technologies Ltd now owns 298,502 shares of the company’s stock valued at $24,752,000 after acquiring an additional 119,837 shares in the last quarter. Squarepoint Ops LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 347.4% during the 2nd quarter. Squarepoint Ops LLC now owns 15,132 shares of the company’s stock valued at $1,255,000 after acquiring an additional 11,750 shares in the last quarter. Finally, Main Street Financial Solutions LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 8.6% in the 2nd quarter. Main Street Financial Solutions LLC now owns 18,100 shares of the company’s stock valued at $1,501,000 after acquiring an additional 1,433 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT opened at $82.85 on Friday. The company’s 50 day simple moving average is $82.69 and its two-hundred day simple moving average is $83.48. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $81.00 and a 1-year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were issued a $0.3262 dividend. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend was Friday, May 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.