Vanguard Intermediate-Term Corporate Bond ETF $VCIT Stake Increased by DecisionPoint Financial LLC

DecisionPoint Financial LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.5% in the third quarter, according to its most recent filing with the SEC. The fund owned 524,622 shares of the company’s stock after acquiring an additional 22,381 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up 10.3% of DecisionPoint Financial LLC’s investment portfolio, making the stock its 2nd biggest position. DecisionPoint Financial LLC owned about 0.08% of Vanguard Intermediate-Term Corporate Bond ETF worth $44,105,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Rothschild Investment LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 17.4% during the third quarter. Rothschild Investment LLC now owns 810 shares of the company’s stock worth $68,000 after purchasing an additional 120 shares during the last quarter. Topel & Distasi Wealth Management LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.5% during the 3rd quarter. Topel & Distasi Wealth Management LLC now owns 25,872 shares of the company’s stock valued at $2,176,000 after purchasing an additional 131 shares during the last quarter. TI Trust Inc. raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.4% during the 3rd quarter. TI Trust Inc. now owns 3,226 shares of the company’s stock valued at $271,000 after buying an additional 135 shares in the last quarter. Cedar Point Capital Partners LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 3.6% in the 3rd quarter. Cedar Point Capital Partners LLC now owns 4,159 shares of the company’s stock worth $350,000 after buying an additional 145 shares during the last quarter. Finally, Stevens Capital Partners lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 5.2% in the 3rd quarter. Stevens Capital Partners now owns 2,921 shares of the company’s stock worth $246,000 after buying an additional 145 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.2%

Shares of NASDAQ VCIT opened at $84.71 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $78.66 and a one year high of $84.84. The firm’s 50 day simple moving average is $83.94 and its two-hundred day simple moving average is $83.93.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

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

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.