Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Stock Position Raised by Long Island Wealth Management Inc.

Long Island Wealth Management Inc. lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 50.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 54,815 shares of the company’s stock after purchasing an additional 18,467 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for 2.8% of Long Island Wealth Management Inc.’s portfolio, making the stock its 12th largest position. Long Island Wealth Management Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,400,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in VCIT. Geneos Wealth Management Inc. increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 1.9% in the 4th quarter. Geneos Wealth Management Inc. now owns 7,424 shares of the company’s stock valued at $596,000 after buying an additional 138 shares in the last quarter. Capital Investment Advisors LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 4.6% in the fourth quarter. Capital Investment Advisors LLC now owns 3,307 shares of the company’s stock valued at $265,000 after acquiring an additional 144 shares during the period. Stablepoint Partners LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.7% during the fourth quarter. Stablepoint Partners LLC now owns 5,448 shares of the company’s stock valued at $437,000 after acquiring an additional 144 shares in the last quarter. Nvwm LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 42.6% during the fourth quarter. Nvwm LLC now owns 499 shares of the company’s stock worth $40,000 after purchasing an additional 149 shares during the period. Finally, Petra Financial Advisors Inc. lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.7% in the 4th quarter. Petra Financial Advisors Inc. now owns 22,611 shares of the company’s stock worth $1,815,000 after purchasing an additional 156 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.4 %

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.49 on Monday. The firm’s fifty day moving average price is $81.13 and its two-hundred day moving average price is $81.07. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $78.08 and a 1-year high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were paid a $0.3189 dividend. This represents a $3.83 dividend on an annualized basis and a dividend yield of 4.70%. The ex-dividend date of this dividend was Tuesday, April 1st. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32.

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.