Olde Wealth Management LLC Acquires New Stake in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Olde Wealth Management LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 11,366 shares of the company’s stock, valued at approximately $951,000.

A number of other institutional investors have also added to or reduced their stakes in the business. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 67.6% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 23,827 shares of the company’s stock valued at $2,004,000 after purchasing an additional 9,607 shares during the last quarter. Cordant Inc. grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.8% in the 3rd quarter. Cordant Inc. now owns 174,275 shares of the company’s stock worth $14,658,000 after buying an additional 6,300 shares in the last quarter. Bishop & Co Investment Management LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.0% in the 3rd quarter. Bishop & Co Investment Management LLC now owns 479,730 shares of the company’s stock worth $40,350,000 after buying an additional 31,395 shares during the last quarter. Global Retirement Partners LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter worth $10,304,000. Finally, Coyle Financial Counsel LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 17.1% during the 3rd quarter. Coyle Financial Counsel LLC now owns 173,219 shares of the company’s stock valued at $14,569,000 after buying an additional 25,336 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.3%

NASDAQ VCIT opened at $82.46 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $78.66 and a 52-week high of $84.84. The company has a fifty day moving average of $83.96 and a 200-day moving average of $83.99.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a dividend of $0.3026 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.4%.

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.