Van Strum & Towne Inc. Raises Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Van Strum & Towne Inc. lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 42.4% during the 3rd quarter, Holdings Channel.com reports. The firm owned 85,107 shares of the company’s stock after acquiring an additional 25,356 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 2.1% of Van Strum & Towne Inc.’s investment portfolio, making the stock its 16th largest holding. Van Strum & Towne Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $7,158,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in VCIT. Brighton Jones LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 107.9% in the 4th quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock valued at $716,000 after buying an additional 4,627 shares during the period. U.S. Capital Wealth Advisors LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 3.9% in the second quarter. U.S. Capital Wealth Advisors LLC now owns 5,424 shares of the company’s stock valued at $450,000 after purchasing an additional 206 shares during the period. AdvisorNet Financial Inc grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 148.5% in the second quarter. AdvisorNet Financial Inc now owns 2,222 shares of the company’s stock valued at $184,000 after purchasing an additional 1,328 shares during the period. Fifth Third Bancorp increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 40.7% during the second quarter. Fifth Third Bancorp now owns 6,248 shares of the company’s stock worth $518,000 after purchasing an additional 1,806 shares during the last quarter. Finally, Norden Group LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 5.1% during the second quarter. Norden Group LLC now owns 7,913 shares of the company’s stock worth $656,000 after purchasing an additional 382 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCIT opened at $83.89 on Friday. The firm has a fifty day moving average of $83.91 and a 200-day moving average of $83.68. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $78.66 and a 52-week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Monday, December 1st were given a dividend of $0.3223 per share. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Monday, December 1st.

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.