Wedmont Private Capital Raises Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Wedmont Private Capital increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 81.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,982 shares of the company’s stock after buying an additional 9,855 shares during the period. Wedmont Private Capital’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,845,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of VCIT. Rothschild Investment LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 17.4% in the 3rd quarter. Rothschild Investment LLC now owns 810 shares of the company’s stock worth $68,000 after acquiring an additional 120 shares in the last quarter. Topel & Distasi Wealth Management LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.5% during the 3rd quarter. Topel & Distasi Wealth Management LLC now owns 25,872 shares of the company’s stock worth $2,176,000 after purchasing an additional 131 shares during the last quarter. TI Trust Inc. boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 4.4% during the third quarter. TI Trust Inc. now owns 3,226 shares of the company’s stock valued at $271,000 after purchasing an additional 135 shares in the last quarter. Cedar Point Capital Partners LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.6% in the third quarter. Cedar Point Capital Partners LLC now owns 4,159 shares of the company’s stock valued at $350,000 after purchasing an additional 145 shares during the last quarter. Finally, Stevens Capital Partners grew its stake in 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.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.9%

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $82.15 on Monday. The company has a 50-day simple moving average of $83.85 and a two-hundred day simple moving average of $83.98. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $78.66 and a one year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were given a $0.3026 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

About Vanguard Intermediate-Term Corporate Bond ETF

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.