Blueline Advisors LLC Takes Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Blueline Advisors LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 97,122 shares of the company’s stock, valued at approximately $8,134,000. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 6.6% of Blueline Advisors LLC’s investment portfolio, making the stock its 3rd largest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VCIT. Richards Merrill & Peterson Inc. acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth approximately $30,000. Chapman Financial Group LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter worth approximately $31,000. United Financial Planning Group LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth approximately $34,000. Abich Financial Wealth Management LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth approximately $35,000. Finally, Founders Financial Alliance LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth approximately $45,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT opened at $82.74 on Friday. The business has a 50 day moving average price of $82.69 and a 200 day moving average price of $83.49. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $81.00 and a twelve month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were issued a $0.3262 dividend. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date was Friday, May 1st.

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.