BIP Wealth LLC Buys 185,292 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

BIP Wealth LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 214.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 271,833 shares of the company’s stock after buying an additional 185,292 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up about 0.8% of BIP Wealth LLC’s investment portfolio, making the stock its 18th largest position. BIP Wealth LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $22,864,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently bought and sold shares of VCIT. Caldwell Trust Co acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at $25,000. Aspect Partners LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth about $28,000. Chapman Financial Group LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at about $31,000. NewSquare Capital LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at about $33,000. Finally, ORG Partners LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 360.0% during the second quarter. ORG Partners LLC now owns 414 shares of the company’s stock worth $34,000 after buying an additional 324 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT opened at $83.81 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $78.66 and a one year high of $84.84. The business’s 50 day simple moving average is $83.90 and its 200-day simple moving average is $83.66.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Monday, December 1st were paid a $0.3223 dividend. The ex-dividend date of this dividend 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.