Vanguard Intermediate-Term Corporate Bond ETF $VCIT Stock Position Raised by LPL Financial LLC

LPL Financial LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 5.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,895,493 shares of the company’s stock after acquiring an additional 604,588 shares during the quarter. LPL Financial LLC owned approximately 1.53% of Vanguard Intermediate-Term Corporate Bond ETF worth $912,498,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Richards Merrill & Peterson Inc. purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at approximately $30,000. Chapman Financial Group LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at approximately $31,000. United Financial Planning Group LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at approximately $34,000. Abich Financial Wealth Management LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at approximately $35,000. Finally, DT Investment Partners LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at approximately $42,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCIT opened at $81.91 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $81.00 and a 52 week high of $84.84. The firm has a 50 day simple moving average of $82.67 and a 200 day simple moving average of $83.43.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were paid a $0.3412 dividend. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a yield of 5.0%. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33.

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.