Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Bought by IFP Advisors Inc

IFP Advisors Inc grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 32.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 44,860 shares of the company’s stock after acquiring an additional 11,002 shares during the quarter. IFP Advisors Inc’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,720,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of VCIT. Brighton Jones LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 107.9% during the 4th quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock valued at $716,000 after acquiring an additional 4,627 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1,781.3% during the 1st quarter. GAMMA Investing LLC now owns 13,000 shares of the company’s stock valued at $1,063,000 after acquiring an additional 12,309 shares during the last quarter. Simplicity Wealth LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter valued at about $275,000. Noble Wealth Management PBC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter valued at about $38,000. Finally, Fifth Third Bancorp increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 123.7% during the 1st quarter. Fifth Third Bancorp now owns 4,442 shares of the company’s stock worth $363,000 after purchasing an additional 2,456 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT opened at $83.94 on Friday. The firm has a 50 day moving average price of $83.68 and a 200 day moving average price of $82.27. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $78.66 and a 1 year high of $84.74.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were given a dividend of $0.326 per share. 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.