RFG Holdings Inc. Makes New Investment in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

RFG Holdings Inc. bought a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the 1st quarter, HoldingsChannel.com reports. The firm bought 168,134 shares of the company’s stock, valued at approximately $13,913,000. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 3.5% of RFG Holdings Inc.’s portfolio, making the stock its 8th biggest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brown Brothers Harriman & Co. lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 136.1% during the fourth quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock valued at $29,000 after purchasing an additional 200 shares in the last quarter. Monetary Solutions Ltd purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth about $30,000. Richards Merrill & Peterson Inc. bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth about $30,000. Chapman Financial Group LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter worth about $31,000. Finally, United Financial Planning Group LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at about $34,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ:VCIT opened at $82.48 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $81.43 and a 52 week high of $84.84. The firm has a 50-day moving average price of $82.62 and a two-hundred day moving average price of $83.30.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were issued a $0.3412 dividend. 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 dividend yield of 5.0%. The ex-dividend date of this dividend was Monday, June 1st.

Vanguard Intermediate-Term Corporate Bond ETF 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.