Benjamin Edwards Inc. Grows Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Benjamin Edwards Inc. boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 11.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 787,690 shares of the company’s stock after buying an additional 79,956 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 0.7% of Benjamin Edwards Inc.’s portfolio, making the stock its 25th largest holding. Benjamin Edwards Inc. owned 0.12% of Vanguard Intermediate-Term Corporate Bond ETF worth $66,253,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Cordant Inc. grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.8% during the 3rd quarter. Cordant Inc. now owns 174,275 shares of the company’s stock worth $14,658,000 after purchasing an additional 6,300 shares during the period. Global Retirement Partners LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at approximately $10,304,000. B. Riley Wealth Advisors Inc. acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter valued at approximately $935,000. Grandview Asset Management LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 5.1% during the second quarter. Grandview Asset Management LLC now owns 13,352 shares of the company’s stock worth $1,107,000 after buying an additional 643 shares during the period. Finally, Bank of Nova Scotia acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter worth $51,269,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT stock opened at $83.96 on Thursday. The company’s fifty day simple moving average is $83.90 and its 200-day simple moving average is $83.57. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $78.66 and a 52 week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders 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 yield of 4.6%.

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.