Vanguard Intermediate-Term Corporate Bond ETF $VCIT is WESCAP Management Group Inc.’s 3rd Largest Position

WESCAP Management Group Inc. grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 363,059 shares of the company’s stock after purchasing an additional 6,608 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 6.2% of WESCAP Management Group Inc.’s holdings, making the stock its 3rd largest holding. WESCAP Management Group Inc. owned approximately 0.05% of Vanguard Intermediate-Term Corporate Bond ETF worth $30,406,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Richards Merrill & Peterson Inc. bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth about $30,000. Chapman Financial Group LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at about $31,000. United Financial Planning Group LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at about $34,000. Abich Financial Wealth Management LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at about $35,000. Finally, DT Investment Partners LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth about $42,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCIT opened at $81.91 on Monday. The firm’s 50 day simple moving average is $82.67 and its 200-day simple moving average is $83.43. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $81.00 and a one year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were paid a $0.3412 dividend. This represents a c) annualized dividend and a yield of 5.0%. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33. The ex-dividend date of this dividend was Monday, June 1st.

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.