Bay Rivers Group Raises Stake in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Bay Rivers Group raised its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 18.2% in the second quarter, Holdings Channel reports. The fund owned 67,109 shares of the company’s stock after buying an additional 10,337 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 1.9% of Bay Rivers Group’s portfolio, making the stock its 22nd biggest holding. Bay Rivers Group’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $5,547,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brown Brothers Harriman & Co. raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 136.1% in the 4th 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. HHM Wealth Advisors LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth $29,000. Monetary Solutions Ltd purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at $30,000. Richards Merrill & Peterson Inc. purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at $30,000. Finally, Chapman Financial Group LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at $31,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.42 on Monday. The stock’s fifty day moving average is $81.99 and its two-hundred day moving average is $82.80. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $81.03 and a 1-year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Monday, August 3rd were issued a $0.3421 dividend. The ex-dividend date was Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%.

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.