DecisionPoint Financial LLC Boosts Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

DecisionPoint Financial LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.8% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 485,708 shares of the company’s stock after buying an additional 17,834 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up about 11.5% of DecisionPoint Financial LLC’s investment portfolio, making the stock its 2nd largest holding. DecisionPoint Financial LLC owned about 0.08% of Vanguard Intermediate-Term Corporate Bond ETF worth $39,711,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. BIP Wealth LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 15.9% in the first quarter. BIP Wealth LLC now owns 59,616 shares of the company’s stock worth $4,874,000 after buying an additional 8,159 shares during the last quarter. Bridgewater Advisors Inc. raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 6.8% in the first quarter. Bridgewater Advisors Inc. now owns 641,585 shares of the company’s stock worth $52,501,000 after buying an additional 40,746 shares during the last quarter. Mosaic Family Wealth Partners LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 24.3% in the first quarter. Mosaic Family Wealth Partners LLC now owns 32,711 shares of the company’s stock worth $2,674,000 after buying an additional 6,385 shares during the last quarter. Pinkerton Retirement Specialists LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the first quarter worth about $251,000. Finally, Whittier Trust Co. of Nevada Inc. raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 2.4% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 64,412 shares of the company’s stock worth $5,266,000 after buying an additional 1,520 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT opened at $81.75 on Wednesday. The firm has a 50 day moving average price of $81.64 and a 200-day moving average price of $81.13. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $78.66 and a twelve month high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, July 3rd. Shareholders of record on Tuesday, July 1st were issued a dividend of $0.3207 per share. The ex-dividend date was Tuesday, July 1st. This represents a $3.85 dividend on an annualized basis and a yield of 4.71%.

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.