Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Purchased by Focused Wealth Management Inc

Focused Wealth Management Inc boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 10.0% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 495,624 shares of the company’s stock after purchasing an additional 45,077 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises 4.4% of Focused Wealth Management Inc’s portfolio, making the stock its 4th largest holding. Focused Wealth Management Inc owned approximately 0.07% of Vanguard Intermediate-Term Corporate Bond ETF worth $41,687,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of VCIT. Concorde Asset Management LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.0% in the 1st quarter. Concorde Asset Management LLC now owns 4,271 shares of the company’s stock valued at $347,000 after buying an additional 125 shares during the last quarter. Leo Wealth LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 1.8% during the second quarter. Leo Wealth LLC now owns 7,998 shares of the company’s stock valued at $651,000 after acquiring an additional 143 shares during the period. Wallace Advisory Group LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.1% in 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 during the last quarter. Hickory Point Bank & Trust increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.1% in the third quarter. Hickory Point Bank & Trust now owns 7,455 shares of the company’s stock worth $627,000 after purchasing an additional 150 shares during the period. Finally, Christensen King & Associates Investment Services Inc. lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.9% during the 2nd quarter. Christensen King & Associates Investment Services Inc. now owns 17,307 shares of the company’s stock worth $1,435,000 after purchasing an additional 154 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCIT opened at $83.64 on Friday. The business has a 50 day moving average price of $84.08 and a 200 day moving average price of $83.37. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $78.66 and a twelve month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

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