Topsail Wealth Management LLC Has $14.85 Million Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Topsail Wealth Management LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.8% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 176,598 shares of the company’s stock after buying an additional 8,009 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up 2.5% of Topsail Wealth Management LLC’s holdings, making the stock its 9th biggest holding. Topsail Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $14,854,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 67.6% in 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 period. Cordant Inc. lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 3.8% during 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 during the period. Bishop & Co Investment Management LLC grew its position 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 valued at $40,350,000 after buying an additional 31,395 shares during the last quarter. Global Retirement Partners LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at about $10,304,000. Finally, B. Riley Wealth Advisors Inc. acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at about $935,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT opened at $83.95 on Friday. The business has a 50-day moving average of $83.93 and a 200-day moving average of $83.75. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $78.66 and a 1 year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd will be issued a dividend of $0.33 per share. The ex-dividend date is Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.7%.

Vanguard Intermediate-Term Corporate Bond ETF Company 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.