Stephens Inc. AR Boosts Stock Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Stephens Inc. AR grew its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 9.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 120,781 shares of the company’s stock after acquiring an additional 10,799 shares during the quarter. Stephens Inc. AR’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $10,115,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in VCIT. Richards Merrill & Peterson Inc. acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at approximately $30,000. Chapman Financial Group LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at approximately $31,000. United Financial Planning Group LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at approximately $34,000. Abich Financial Wealth Management LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at approximately $35,000. Finally, Founders Financial Alliance LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at approximately $45,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.6%

VCIT opened at $82.00 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $80.42 and a one year high of $84.84. The business’s 50 day moving average price is $82.88 and its 200 day moving average price is $83.61.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were issued a $0.3262 dividend. The ex-dividend date was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 4.8%.

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. 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.