Focus Partners Wealth Buys 870,561 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Focus Partners Wealth raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 65.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,201,696 shares of the company’s stock after acquiring an additional 870,561 shares during the quarter. Focus Partners Wealth owned approximately 0.31% of Vanguard Intermediate-Term Corporate Bond ETF worth $184,365,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of VCIT. Bank of America Corp DE boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 7.7% during the 3rd quarter. Bank of America Corp DE now owns 82,297,228 shares of the company’s stock valued at $6,922,020,000 after acquiring an additional 5,909,857 shares in the last quarter. Morgan Stanley boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 22.4% in the 4th quarter. Morgan Stanley now owns 24,048,406 shares of the company’s stock worth $2,014,054,000 after purchasing an additional 4,399,400 shares in the last quarter. Fisher Asset Management LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.1% in the 4th quarter. Fisher Asset Management LLC now owns 83,976,379 shares of the company’s stock worth $7,033,022,000 after purchasing an additional 3,339,026 shares in the last quarter. Corient Private Wealth LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 93.8% in the 2nd quarter. Corient Private Wealth LLC now owns 3,915,948 shares of the company’s stock worth $324,711,000 after purchasing an additional 1,895,302 shares in the last quarter. Finally, Buffalo Business & Estate Services Ltd. acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth $135,327,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $82.45 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $81.43 and a 1-year high of $84.84. The business has a fifty day moving average price of $82.66 and a 200-day moving average price of $83.38.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were given a $0.3412 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. 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.

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.