Nwam LLC Has $900,000 Stake in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Nwam LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 32.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,881 shares of the company’s stock after buying an additional 2,694 shares during the quarter. Nwam LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $900,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in VCIT. Ibex Wealth Advisors bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at $545,000. Vise Technologies Inc. acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at about $26,281,000. PFG Advisors raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 21.7% in the second quarter. PFG Advisors now owns 182,557 shares of the company’s stock valued at $15,138,000 after purchasing an additional 32,610 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 12.0% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 10,526 shares of the company’s stock worth $873,000 after purchasing an additional 1,130 shares during the period. Finally, Midwest Trust Co acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth about $1,494,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT stock opened at $84.05 on Wednesday. The company’s 50-day moving average price is $84.16 and its two-hundred day moving average price is $82.83. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $78.66 and a 12 month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were paid a $0.326 dividend. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Wednesday, October 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.