Patten Group Inc. Grows Stake in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Patten Group Inc. raised its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,444 shares of the company’s stock after acquiring an additional 595 shares during the quarter. Patten Group Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,364,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VCIT. Brighton Jones LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 107.9% in the fourth quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock valued at $716,000 after acquiring an additional 4,627 shares during the last quarter. Continuum Advisory LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.8% in the first quarter. Continuum Advisory LLC now owns 3,500 shares of the company’s stock valued at $286,000 after purchasing an additional 160 shares during the period. Oppenheimer & Co. Inc. raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.5% in the first quarter. Oppenheimer & Co. Inc. now owns 106,415 shares of the company’s stock valued at $8,700,000 after purchasing an additional 2,639 shares during the period. Uncommon Cents Investing LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.5% in the first quarter. Uncommon Cents Investing LLC now owns 4,765 shares of the company’s stock valued at $390,000 after purchasing an additional 250 shares during the period. Finally, Hofer & Associates. Inc raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.0% in the first quarter. Hofer & Associates. Inc now owns 45,850 shares of the company’s stock valued at $3,749,000 after purchasing an additional 1,319 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ VCIT opened at $84.65 on Wednesday. The company’s 50 day moving average is $83.88 and its 200-day moving average is $82.41. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $78.66 and a 12-month high of $84.80.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were given a $0.326 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 4.6%.

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.