MFA Wealth Services Buys Shares of 9,638 Vanguard Intermediate-Term Corporate Bond ETF $VCIT

MFA Wealth Services purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 9,638 shares of the company’s stock, valued at approximately $798,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Benchmark Financial LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 13.2% in the first quarter. Benchmark Financial LLC now owns 176,219 shares of the company’s stock valued at $14,582,000 after buying an additional 20,484 shares during the period. Hofer & Associates. Inc raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 3.1% in the 1st quarter. Hofer & Associates. Inc now owns 51,409 shares of the company’s stock valued at $4,254,000 after buying an additional 1,522 shares during the last quarter. Trilogy Capital Inc. boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 9.6% during the 1st quarter. Trilogy Capital Inc. now owns 9,106 shares of the company’s stock worth $754,000 after buying an additional 796 shares during the period. Towne Trust Company N.A boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 24.6% during the 1st quarter. Towne Trust Company N.A now owns 23,878 shares of the company’s stock worth $1,976,000 after buying an additional 4,713 shares during the period. Finally, Union Bancaire Privee UBP SA grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 1.6% during the 1st quarter. Union Bancaire Privee UBP SA now owns 269,368 shares of the company’s stock worth $22,098,000 after acquiring an additional 4,155 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT opened at $82.91 on Friday. 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 company’s 50 day moving average price is $82.56 and its two-hundred day moving average price is $83.26.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were issued a dividend of $0.3412 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33. The ex-dividend date was Monday, June 1st.

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.