Fifth Third Bancorp Boosts Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Fifth Third Bancorp raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 123.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,442 shares of the company’s stock after purchasing an additional 2,456 shares during the period. Fifth Third Bancorp’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $363,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Leeward Financial Partners LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 13.6% during 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 in the last quarter. Timonier Family Office LTD. purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at $725,000. Atlas Capital Advisors Inc. lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 60.8% during 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 in the last quarter. Berkeley Capital Partners LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 2.6% during the fourth quarter. Berkeley Capital Partners LLC now owns 289,715 shares of the company’s stock valued at $23,255,000 after purchasing an additional 7,311 shares in the last quarter. Finally, Triumph Capital Management purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at $341,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.1%

VCIT opened at $81.77 on Thursday. The firm’s fifty day simple moving average is $81.06 and its two-hundred day simple moving average is $80.98. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $78.66 and a 52-week high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd were paid a $0.328 dividend. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. This represents a $3.94 annualized dividend and a dividend yield of 4.81%. The ex-dividend date of this dividend was Monday, June 2nd.

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.