Harfst & Associates Inc. Makes New Investment in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Harfst & Associates Inc. purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 85,766 shares of the company’s stock, valued at approximately $7,183,000. Vanguard Intermediate-Term Corporate Bond ETF makes up 1.3% of Harfst & Associates Inc.’s portfolio, making the stock its 12th biggest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Rothschild Investment LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 17.4% in the third quarter. Rothschild Investment LLC now owns 810 shares of the company’s stock worth $68,000 after acquiring an additional 120 shares in the last quarter. BridgePort Financial Solutions LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.6% in the 4th quarter. BridgePort Financial Solutions LLC now owns 21,027 shares of the company’s stock valued at $1,761,000 after purchasing an additional 120 shares during the period. Sincerus Advisory LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.5% in the 4th quarter. Sincerus Advisory LLC now owns 24,561 shares of the company’s stock valued at $2,057,000 after purchasing an additional 121 shares during the period. Valued Retirements Inc. boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.5% in the 4th quarter. Valued Retirements Inc. now owns 3,591 shares of the company’s stock valued at $301,000 after purchasing an additional 121 shares during the period. Finally, Topel & Distasi Wealth Management LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.5% in the 3rd quarter. Topel & Distasi Wealth Management LLC now owns 25,872 shares of the company’s stock valued at $2,176,000 after purchasing an additional 131 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ:VCIT opened at $82.45 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $81.00 and a 1-year high of $84.84. The stock has a fifty day simple moving average of $82.68 and a 200 day simple moving average of $83.47.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st will be issued a $0.3412 dividend. The ex-dividend date is Monday, June 1st. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33. This represents a c) annualized dividend and a dividend yield of 5.0%.

Vanguard Intermediate-Term Corporate Bond ETF Company 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.