Bernard Wealth Management Corp. Invests $78,000 in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Bernard Wealth Management Corp. purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 967 shares of the company’s stock, valued at approximately $78,000.

A number of other institutional investors also recently made changes to their positions in the stock. Marshall Financial Group Inc. ADV grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.5% in the fourth quarter. Marshall Financial Group Inc. ADV now owns 35,148 shares of the company’s stock valued at $2,821,000 after purchasing an additional 2,139 shares during the period. Leeward Financial Partners LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 13.6% in the fourth quarter. Leeward Financial Partners LLC now owns 19,466 shares of the company’s stock valued at $1,563,000 after purchasing an additional 2,325 shares during the period. Timonier Family Office LTD. purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at $725,000. Atlas Capital Advisors Inc. grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 60.8% in the fourth quarter. Atlas Capital Advisors Inc. now owns 7,888 shares of the company’s stock valued at $633,000 after purchasing an additional 2,982 shares during the period. Finally, JPMorgan Chase & Co. grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.5% in the third quarter. JPMorgan Chase & Co. now owns 47,196,763 shares of the company’s stock valued at $3,952,729,000 after purchasing an additional 1,165,222 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.1%

Shares of NASDAQ:VCIT opened at $80.92 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $78.66 and a 52 week high of $84.26. The business has a fifty day simple moving average of $81.00 and a 200-day simple moving average of $80.96.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, May 5th. Stockholders of record on Thursday, May 1st were given a $0.3151 dividend. This represents a $3.78 dividend on an annualized basis and a dividend yield of 4.67%. The ex-dividend date of this dividend was Thursday, May 1st.

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.