Florida Trust Wealth Management Co Acquires 97,683 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Florida Trust Wealth Management Co grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 48.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 300,726 shares of the company’s stock after acquiring an additional 97,683 shares during the quarter. Florida Trust Wealth Management Co’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $25,294,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Capital Advisory Group Advisory Services LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 21.6% during the third quarter. Capital Advisory Group Advisory Services LLC now owns 39,608 shares of the company’s stock valued at $3,331,000 after purchasing an additional 7,039 shares during the last quarter. Smithbridge Asset Management Inc. DE purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at $2,599,000. Meitav Investment House Ltd. lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 51.2% during the 3rd quarter. Meitav Investment House Ltd. now owns 10,054 shares of the company’s stock worth $846,000 after acquiring an additional 3,404 shares during the last quarter. Financial Management Network Inc. lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 12.8% during the 3rd quarter. Financial Management Network Inc. now owns 222,374 shares of the company’s stock worth $18,655,000 after acquiring an additional 25,183 shares during the last quarter. Finally, Alesco Advisors LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth $1,834,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT opened at $83.78 on Monday. The business’s fifty day simple moving average is $83.91 and its 200 day simple moving average is $83.65. 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 company also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Investors of record on Monday, December 1st were given a $0.3223 dividend. The ex-dividend date was Monday, December 1st. This represents a c) dividend on an annualized basis and a yield of 4.6%.

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. 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.