Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Purchased by Stone Summit Wealth LLC

Stone Summit Wealth LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.5% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 99,573 shares of the company’s stock after purchasing an additional 1,452 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 2.8% of Stone Summit Wealth LLC’s holdings, making the stock its 4th biggest holding. Stone Summit Wealth LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $8,141,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Greenspring Advisors LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.7% during the first quarter. Greenspring Advisors LLC now owns 7,600 shares of the company’s stock worth $621,000 after acquiring an additional 126 shares during the last quarter. Diversified Portfolios Inc. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.6% during the 1st quarter. Diversified Portfolios Inc. now owns 23,221 shares of the company’s stock valued at $1,899,000 after purchasing an additional 131 shares during the period. Vaughan Nelson Investment Management L.P. grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 2.7% in the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 5,050 shares of the company’s stock worth $413,000 after purchasing an additional 135 shares during the last quarter. Petra Financial Advisors Inc. increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.7% in the fourth quarter. Petra Financial Advisors Inc. now owns 22,611 shares of the company’s stock valued at $1,815,000 after purchasing an additional 156 shares during the period. Finally, Continuum Advisory LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.8% in the first quarter. Continuum Advisory LLC now owns 3,500 shares of the company’s stock valued at $286,000 after purchasing an additional 160 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.3%

Shares of NASDAQ VCIT opened at $82.67 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $78.66 and a 12-month high of $84.26. The stock has a 50 day simple moving average of $81.30 and a 200-day simple moving average of $80.99.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, June 4th. Shareholders of record on Monday, June 2nd were paid a dividend of $0.328 per share. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $3.94 annualized dividend and a yield of 4.76%. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32.

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.