Apella Capital LLC Raises Stake in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Apella Capital LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 39.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 340,291 shares of the company’s stock after acquiring an additional 96,870 shares during the period. Apella Capital LLC owned about 0.05% of Vanguard Intermediate-Term Corporate Bond ETF worth $28,785,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in VCIT. Apollon Wealth Management LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 6.6% in the third quarter. Apollon Wealth Management LLC now owns 113,915 shares of the company’s stock worth $9,581,000 after purchasing an additional 7,021 shares during the last quarter. Carnegie Investment Counsel increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.9% in the third quarter. Carnegie Investment Counsel now owns 29,355 shares of the company’s stock worth $2,469,000 after buying an additional 1,888 shares during the period. LeConte Wealth Management LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.2% in the 3rd quarter. LeConte Wealth Management LLC now owns 16,838 shares of the company’s stock valued at $1,416,000 after acquiring an additional 528 shares during the last quarter. Cordant Inc. lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.8% in the 3rd quarter. Cordant Inc. now owns 174,275 shares of the company’s stock valued at $14,658,000 after acquiring an additional 6,300 shares during the last quarter. Finally, CRA Financial Services LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 7.8% during the 3rd quarter. CRA Financial Services LLC now owns 47,101 shares of the company’s stock valued at $3,962,000 after acquiring an additional 3,419 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT opened at $83.97 on Friday. The stock’s 50 day simple moving average is $84.02 and its 200 day simple moving average is $83.45. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $78.66 and a 1 year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

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

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.