Van Diest Capital LLC Invests $999,000 in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Van Diest Capital LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the fourth quarter, HoldingsChannel reports. The fund acquired 11,933 shares of the company’s stock, valued at approximately $999,000. Vanguard Intermediate-Term Corporate Bond ETF accounts for 1.5% of Van Diest Capital LLC’s holdings, making the stock its 16th biggest holding.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Brown Brothers Harriman & Co. lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 136.1% in the fourth quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock valued at $29,000 after buying an additional 200 shares during the period. Richards Merrill & Peterson Inc. acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth about $30,000. Chapman Financial Group LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth about $31,000. United Financial Planning Group LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at about $34,000. Finally, Align Financial LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at about $35,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.3%

Shares of NASDAQ:VCIT opened at $82.48 on Friday. The firm’s 50 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 fifty-two week low of $81.43 and a fifty-two week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were paid a $0.3412 dividend. The ex-dividend date of this dividend was Monday, June 1st. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33. This represents a c) annualized dividend and a 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.