McMill Wealth Management Makes New $4.50 Million Investment in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

McMill Wealth Management acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 56,037 shares of the company’s stock, valued at approximately $4,498,000. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 1.8% of McMill Wealth Management’s portfolio, making the stock its 16th biggest holding.

Other large investors have also added to or reduced their stakes in the company. Truvestments Capital LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 145.6% in the 4th quarter. Truvestments Capital LLC now owns 334 shares of the company’s stock worth $27,000 after acquiring an additional 198 shares during the last quarter. Tortoise Investment Management LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth approximately $28,000. Midwest Capital Advisors LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth approximately $33,000. Transce3nd LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth approximately $35,000. Finally, Nvwm LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 42.6% in the 4th quarter. Nvwm LLC now owns 499 shares of the company’s stock worth $40,000 after acquiring an additional 149 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ VCIT opened at $80.81 on Friday. The business’s 50 day moving average price is $81.01 and its 200-day moving average price is $80.97. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $78.66 and a fifty-two week high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, May 5th. Stockholders of record on Thursday, May 1st were given a dividend of $0.3151 per share. This represents a $3.78 annualized dividend and a dividend yield of 4.68%. The ex-dividend date of this dividend was Thursday, 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.