World Investment Advisors Buys 7,359 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

World Investment Advisors grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 29.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 32,056 shares of the company’s stock after acquiring an additional 7,359 shares during the period. World Investment Advisors’ holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,685,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Richards Merrill & Peterson Inc. bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at approximately $30,000. Chapman Financial Group LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter worth approximately $31,000. United Financial Planning Group LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth approximately $34,000. Abich Financial Wealth Management LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth approximately $35,000. Finally, Founders Financial Alliance LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth approximately $45,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCIT opened at $82.00 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $80.42 and a 52 week high of $84.84. The firm has a 50 day moving average of $82.88 and a 200 day moving average of $83.61.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were paid a $0.3262 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 4.8%.

About Vanguard Intermediate-Term Corporate Bond ETF

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.