88,309 Shares in Vanguard Intermediate-Term Corporate Bond ETF $VCIT Purchased by Brindle & Bay Financial Advisors LLC

Brindle & Bay Financial Advisors LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 88,309 shares of the company’s stock, valued at approximately $7,396,000. Vanguard Intermediate-Term Corporate Bond ETF makes up 4.9% of Brindle & Bay Financial Advisors LLC’s portfolio, making the stock its 5th largest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Richards Merrill & Peterson Inc. purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth about $30,000. Chapman Financial Group LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter worth about $31,000. United Financial Planning Group LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth about $34,000. Abich Financial Wealth Management LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth about $35,000. Finally, Founders Financial Alliance LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth about $45,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.1%

VCIT opened at $83.25 on Friday. The stock has a 50-day moving average of $83.35 and a 200 day moving average of $83.76. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $80.42 and a 12 month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st were issued a $0.3438 dividend. The ex-dividend date was Wednesday, April 1st.

About Vanguard Intermediate-Term Corporate Bond ETF

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.