Blue Trust Inc. Raises Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Blue Trust Inc. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,172,062 shares of the company’s stock after purchasing an additional 27,289 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 2.1% of Blue Trust Inc.’s portfolio, making the stock its 16th biggest holding. Blue Trust Inc. owned approximately 0.32% of Vanguard Intermediate-Term Corporate Bond ETF worth $182,692,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Caldwell Trust Co bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at about $25,000. Mattson Financial Services LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the first quarter worth approximately $28,000. Aspect Partners LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at about $28,000. Chapman Financial Group LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at about $31,000. Finally, NewSquare Capital LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter valued at approximately $33,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ VCIT opened at $83.82 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $78.66 and a 12 month high of $84.84. The firm has a fifty day simple moving average of $84.03 and a two-hundred day simple moving average of $83.42.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

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

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.