Midwest Trust Co Takes Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Midwest Trust Co purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 18,021 shares of the company’s stock, valued at approximately $1,494,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Mattson Financial Services LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth about $28,000. Aspect Partners LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter worth approximately $28,000. Anfield Capital Management LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter worth approximately $29,000. NorthRock Partners LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 54.1% in the 1st quarter. NorthRock Partners LLC now owns 376 shares of the company’s stock valued at $31,000 after purchasing an additional 132 shares during the last quarter. Finally, NewSquare Capital LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at approximately $33,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ:VCIT opened at $83.73 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $78.66 and a 52 week high of $84.84. The stock’s fifty day moving average is $84.14 and its two-hundred day moving average is $82.81.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were paid a dividend of $0.326 per share. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a 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.