Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Bought by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 59.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 28,727 shares of the company’s stock after purchasing an additional 10,695 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,416,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Brighton Jones LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 107.9% in the 4th quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock worth $716,000 after acquiring an additional 4,627 shares during the period. OLD Point Trust & Financial Services N A raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 58.4% during the second quarter. OLD Point Trust & Financial Services N A now owns 10,316 shares of the company’s stock worth $855,000 after purchasing an additional 3,804 shares in the last quarter. Strategic Blueprint LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at $259,000. Silver Oak Advisory Group Inc. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 13.1% during the 2nd quarter. Silver Oak Advisory Group Inc. now owns 13,185 shares of the company’s stock valued at $1,093,000 after purchasing an additional 1,529 shares in the last quarter. Finally, Carnegie Investment Counsel increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.5% during the 2nd quarter. Carnegie Investment Counsel now owns 27,467 shares of the company’s stock valued at $2,278,000 after purchasing an additional 936 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT opened at $84.52 on Friday. The stock’s fifty day moving average is $83.91 and its 200-day moving average is $83.89. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $78.66 and a one year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were given a dividend of $0.33 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.7%.

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.