Vanguard Intermediate-Term Corporate Bond ETF $VCIT Stake Raised by Smithbridge Asset Management Inc. DE

Smithbridge Asset Management Inc. DE grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 39.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 43,048 shares of the company’s stock after purchasing an additional 12,149 shares during the quarter. Smithbridge Asset Management Inc. DE’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,605,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Rothschild Investment LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 17.4% during the third quarter. Rothschild Investment LLC now owns 810 shares of the company’s stock valued at $68,000 after purchasing an additional 120 shares in the last quarter. BridgePort Financial Solutions LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.6% during the fourth quarter. BridgePort Financial Solutions LLC now owns 21,027 shares of the company’s stock valued at $1,761,000 after purchasing an additional 120 shares in the last quarter. Sincerus Advisory LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.5% during the fourth quarter. Sincerus Advisory LLC now owns 24,561 shares of the company’s stock valued at $2,057,000 after purchasing an additional 121 shares in the last quarter. Valued Retirements Inc. raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.5% during the fourth quarter. Valued Retirements Inc. now owns 3,591 shares of the company’s stock valued at $301,000 after purchasing an additional 121 shares in the last quarter. Finally, MCF Advisors LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 19.7% during the fourth quarter. MCF Advisors LLC now owns 754 shares of the company’s stock valued at $63,000 after purchasing an additional 124 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ VCIT opened at $81.97 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $81.43 and a fifty-two week high of $84.84. The firm’s 50-day simple moving average is $82.66 and its 200 day simple moving average is $83.39.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were issued a dividend of $0.3412 per share. The ex-dividend date of this dividend 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.