Center For Asset Management LLC Increases Stake in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Center For Asset Management LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 76.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,808 shares of the company’s stock after purchasing an additional 9,856 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for 1.0% of Center For Asset Management LLC’s investment portfolio, making the stock its 27th biggest position. Center For Asset Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,918,000 as of its most recent SEC filing.

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

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT opened at $83.18 on Wednesday. The stock’s 50 day simple moving average is $83.93 and its 200 day simple moving average is $83.99. 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, March 4th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.3026 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend was Monday, March 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.