Procyon Advisors LLC Makes New $12.84 Million Investment in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Procyon Advisors LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 152,701 shares of the company’s stock, valued at approximately $12,844,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in VCIT. TI Trust Inc. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 4.4% during the 3rd quarter. TI Trust Inc. now owns 3,226 shares of the company’s stock valued at $271,000 after purchasing an additional 135 shares during the last quarter. Leo Wealth LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 1.8% in the 2nd quarter. Leo Wealth LLC now owns 7,998 shares of the company’s stock valued at $651,000 after buying an additional 143 shares during the last quarter. Cedar Point Capital Partners LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.6% during the 3rd quarter. Cedar Point Capital Partners LLC now owns 4,159 shares of the company’s stock valued at $350,000 after acquiring an additional 145 shares in the last quarter. Stevens Capital Partners raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.2% in the third quarter. Stevens Capital Partners now owns 2,921 shares of the company’s stock valued at $246,000 after purchasing an additional 145 shares during the last quarter. Finally, Wallace Advisory Group LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.1% during the second quarter. Wallace Advisory Group LLC now owns 4,984 shares of the company’s stock valued at $407,000 after purchasing an additional 149 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.1%

Shares of VCIT stock opened at $84.10 on Thursday. 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 50-day simple moving average of $83.91 and a two-hundred day simple moving average of $83.63.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Stockholders of record on Monday, December 1st were issued a $0.3223 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) annualized dividend and a dividend yield of 4.6%.

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.