Alliance Wealth Advisors LLC UT Acquires 8,107 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Alliance Wealth Advisors LLC UT increased its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 62.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,990 shares of the company’s stock after acquiring an additional 8,107 shares during the period. Alliance Wealth Advisors LLC UT’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,765,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Caldwell Trust Co purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter worth approximately $25,000. Aspect Partners LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter worth $28,000. Chapman Financial Group LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter worth $31,000. NewSquare Capital LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth $33,000. Finally, Abich Financial Wealth Management LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter valued at $35,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT opened at $84.54 on Friday. The company’s fifty day simple moving average is $83.93 and its 200-day simple moving average is $83.91. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $78.66 and a twelve month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

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

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.