TME Financial Inc. Takes $2.74 Million Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

TME Financial Inc. acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 32,700 shares of the company’s stock, valued at approximately $2,739,000. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 2.6% of TME Financial Inc.’s holdings, making the stock its 12th largest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Geneos Wealth Management Inc. boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 1.9% during the fourth quarter. Geneos Wealth Management Inc. now owns 7,424 shares of the company’s stock valued at $596,000 after acquiring an additional 138 shares during the period. Capital Investment Advisors LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 4.6% during the 4th quarter. Capital Investment Advisors LLC now owns 3,307 shares of the company’s stock valued at $265,000 after purchasing an additional 144 shares during the period. Stablepoint Partners LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 2.7% during the 4th quarter. Stablepoint Partners LLC now owns 5,448 shares of the company’s stock valued at $437,000 after purchasing an additional 144 shares during the period. Nvwm LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 42.6% in the 4th quarter. Nvwm LLC now owns 499 shares of the company’s stock valued at $40,000 after buying an additional 149 shares during the last quarter. Finally, Petra Financial Advisors Inc. increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 0.7% in the 4th quarter. Petra Financial Advisors Inc. now owns 22,611 shares of the company’s stock worth $1,815,000 after buying an additional 156 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT opened at $79.56 on Friday. The business has a 50 day moving average of $81.16 and a 200-day moving average of $81.26. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $77.80 and a 1-year high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were issued a $0.3189 dividend. The ex-dividend date was Tuesday, April 1st. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. This represents a $3.83 dividend on an annualized basis and a yield of 4.81%.

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.