Stolz & Associates PS Acquires New Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Stolz & Associates PS acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 117,534 shares of the company’s stock, valued at approximately $9,843,000. Vanguard Intermediate-Term Corporate Bond ETF makes up 7.6% of Stolz & Associates PS’s portfolio, making the stock its 5th largest position.

A number of other hedge funds have also recently made changes to their positions in VCIT. Bank of America Corp DE boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.7% during the 3rd quarter. Bank of America Corp DE now owns 82,297,228 shares of the company’s stock worth $6,922,020,000 after purchasing an additional 5,909,857 shares during the period. Corient Private Wealth LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 93.8% in the second quarter. Corient Private Wealth LLC now owns 3,915,948 shares of the company’s stock valued at $324,711,000 after purchasing an additional 1,895,302 shares during the period. Buffalo Business & Estate Services Ltd. purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth $135,327,000. HighTower Advisors LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 123.6% in the 4th quarter. HighTower Advisors LLC now owns 2,440,152 shares of the company’s stock valued at $204,363,000 after buying an additional 1,348,722 shares during the period. Finally, Legacy Edge Advisors LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at about $104,008,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT opened at $81.90 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $80.42 and a 1-year high of $84.84. The firm has a fifty day moving average price of $82.84 and a 200 day moving average price of $83.58.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were paid a dividend of $0.3262 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend was Friday, May 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.