Sax Wealth Advisors LLC Acquires 8,257 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Sax Wealth Advisors LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 295.2% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,054 shares of the company’s stock after buying an additional 8,257 shares during the quarter. Sax Wealth Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $915,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of VCIT. Valued Retirements Inc. lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.5% in the 4th quarter. Valued Retirements Inc. now owns 3,591 shares of the company’s stock worth $301,000 after purchasing an additional 121 shares in the last quarter. MCF Advisors LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 19.7% in the fourth quarter. MCF Advisors LLC now owns 754 shares of the company’s stock worth $63,000 after buying an additional 124 shares in the last quarter. Summit Wealth Partners LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.7% in the fourth quarter. Summit Wealth Partners LLC now owns 19,099 shares of the company’s stock worth $1,600,000 after buying an additional 134 shares in the last quarter. Silver Oak Securities Incorporated boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.5% during the first quarter. Silver Oak Securities Incorporated now owns 3,964 shares of the company’s stock valued at $328,000 after buying an additional 134 shares during the last quarter. Finally, Eaton Cambridge Inc. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.7% during the first quarter. Eaton Cambridge Inc. now owns 3,874 shares of the company’s stock valued at $321,000 after buying an additional 137 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ VCIT opened at $81.07 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $81.03 and a 1-year high of $84.84. The business has a 50 day simple moving average of $81.96 and a two-hundred day simple moving average of $82.79.

Vanguard Intermediate-Term Corporate Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Monday, August 3rd were given a dividend of $0.3421 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date was Monday, August 3rd.

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.