Rothschild Wealth LLC Has $3.35 Million Stock Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Rothschild Wealth LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1,130.4% during the 4th quarter, HoldingsChannel reports. The fund owned 39,939 shares of the company’s stock after buying an additional 36,693 shares during the period. Rothschild Wealth LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,345,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of VCIT. Brown Brothers Harriman & Co. grew its stake 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 worth $29,000 after acquiring an additional 200 shares during the last quarter. Richards Merrill & Peterson Inc. acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth $30,000. Chapman Financial Group LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth $31,000. United Financial Planning Group LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth $34,000. Finally, DT Investment Partners LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth $42,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.1%

VCIT opened at $82.59 on Wednesday. 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 fifty day moving average price is $82.65 and its two-hundred day moving average price is $83.34.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were paid a dividend of $0.3412 per share. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33. This represents a c) dividend on an annualized basis and a yield of 5.0%. The ex-dividend date was Monday, June 1st.

About Vanguard Intermediate-Term Corporate Bond ETF

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.