Strategic Financial Services Inc. Has $71.62 Million Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Strategic Financial Services Inc. raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 853,990 shares of the company’s stock after purchasing an additional 35,188 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises 3.3% of Strategic Financial Services Inc.’s portfolio, making the stock its 8th largest holding. Strategic Financial Services Inc. owned about 0.12% of Vanguard Intermediate-Term Corporate Bond ETF worth $71,624,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Richards Merrill & Peterson Inc. bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at $30,000. Chapman Financial Group LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at $31,000. United Financial Planning Group LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at $34,000. Abich Financial Wealth Management LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at $35,000. Finally, Founders Financial Alliance LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at $45,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT opened at $82.54 on Wednesday. The business has a fifty day simple moving average of $82.70 and a 200-day simple moving average of $83.50. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $81.00 and a fifty-two week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were paid a dividend of $0.3262 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 4.7%.

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.