BDFS Capital LLC Invests $677,000 in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

BDFS Capital LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the 4th quarter, HoldingsChannel.com reports. The firm acquired 8,086 shares of the company’s stock, valued at approximately $677,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VCIT. Corient Private Wealth LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 438.6% in the fourth quarter. Corient Private Wealth LLC now owns 10,303,448 shares of the company’s stock worth $862,914,000 after purchasing an additional 8,390,355 shares in the last quarter. Bank of America Corp DE lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 7.7% in the third quarter. Bank of America Corp DE now owns 82,297,228 shares of the company’s stock valued at $6,922,020,000 after buying an additional 5,909,857 shares during the period. Morgan Stanley boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 22.4% during the 4th quarter. Morgan Stanley now owns 24,048,406 shares of the company’s stock worth $2,014,054,000 after buying an additional 4,399,400 shares in the last quarter. Fisher Asset Management LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.1% during the 4th quarter. Fisher Asset Management LLC now owns 83,976,379 shares of the company’s stock worth $7,033,022,000 after buying an additional 3,339,026 shares in the last quarter. Finally, Nepc LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 37.8% during the 4th quarter. Nepc LLC now owns 6,093,365 shares of the company’s stock worth $510,319,000 after buying an additional 1,670,078 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCIT opened at $82.48 on Friday. The company’s fifty day simple moving average is $82.64 and its 200 day simple moving average is $83.31. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $81.43 and a 12-month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were given a dividend of $0.3412 per share. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%.

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. 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.