Procyon Advisors LLC Buys Shares of 152,701 Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Procyon Advisors LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the 3rd quarter, HoldingsChannel.com reports. The firm purchased 152,701 shares of the company’s stock, valued at approximately $12,844,000.

Other hedge funds also recently modified their holdings of the company. Stephens Inc. AR increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 20.8% in the 3rd quarter. Stephens Inc. AR now owns 109,982 shares of the company’s stock worth $9,251,000 after acquiring an additional 18,913 shares during the last quarter. Ashton Thomas Securities LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 1.6% in the third quarter. Ashton Thomas Securities LLC now owns 92,243 shares of the company’s stock valued at $7,759,000 after purchasing an additional 1,497 shares in the last quarter. Manning & Napier Advisors LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 24.7% in the 3rd quarter. Manning & Napier Advisors LLC now owns 85,816 shares of the company’s stock worth $7,218,000 after buying an additional 17,007 shares in the last quarter. Q3 Asset Management purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at $2,401,000. Finally, Global Wealth Management Investment Advisory Inc. lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.0% during the 3rd quarter. Global Wealth Management Investment Advisory Inc. now owns 251,655 shares of the company’s stock worth $21,167,000 after acquiring an additional 7,272 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $84.10 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $78.66 and a twelve month high of $84.84. The firm has a fifty day simple moving average of $83.91 and a two-hundred day simple moving average of $83.63.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Monday, December 1st were issued a $0.3223 dividend. The ex-dividend date was Monday, December 1st. This represents a c) annualized dividend and a yield of 4.6%.

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.