Addis & Hill Inc Purchases 1,646 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Addis & Hill Inc boosted its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 5.4% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 32,246 shares of the company’s stock after acquiring an additional 1,646 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for 1.8% of Addis & Hill Inc’s investment portfolio, making the stock its 11th biggest position. Addis & Hill Inc’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,636,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Truvestments Capital LLC grew its holdings 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 $28,000. Midwest Capital Advisors LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth $33,000. Transce3nd LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth $35,000. Finally, Nvwm LLC grew its holdings 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 Stock Down 0.6%

Shares of VCIT opened at $81.25 on Tuesday. The firm’s 50-day moving average price is $80.97 and its 200-day moving average price is $80.97. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $78.66 and a 1-year high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd will be paid a dividend of $0.328 per share. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date of this dividend is Monday, June 2nd. This represents a $3.94 dividend on an annualized basis and a dividend yield of 4.84%.

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.