Oak Hill Wealth Advisors LLC Buys 16,437 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Oak Hill Wealth Advisors LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 11.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 157,268 shares of the company’s stock after acquiring an additional 16,437 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 2.5% of Oak Hill Wealth Advisors LLC’s portfolio, making the stock its 12th largest holding. Oak Hill Wealth Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $13,228,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 67.6% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 23,827 shares of the company’s stock worth $2,004,000 after purchasing an additional 9,607 shares during the period. Cordant Inc. grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.8% during the third quarter. Cordant Inc. now owns 174,275 shares of the company’s stock valued at $14,658,000 after buying an additional 6,300 shares during the last quarter. Global Retirement Partners LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter valued at about $10,304,000. B. Riley Wealth Advisors Inc. purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter worth about $935,000. Finally, Bishop & Co Investment Management LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.0% in the third quarter. Bishop & Co Investment Management LLC now owns 479,730 shares of the company’s stock worth $40,350,000 after buying an additional 31,395 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT stock opened at $83.83 on Friday. The business has a 50-day moving average of $83.90 and a 200 day moving average of $83.66. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $78.66 and a 1-year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

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

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.