Manchester Capital Management LLC Takes $1.46 Million Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Manchester Capital Management LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the 4th quarter, Holdings Channel.com reports. The fund purchased 17,407 shares of the company’s stock, valued at approximately $1,458,000.

Several other hedge funds have also modified their holdings of VCIT. Brighton Jones LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 107.9% during the fourth quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock valued at $716,000 after purchasing an additional 4,627 shares during the last quarter. Daiwa Securities Group Inc. grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.4% during the second quarter. Daiwa Securities Group Inc. now owns 54,690 shares of the company’s stock valued at $4,535,000 after purchasing an additional 2,300 shares during the last quarter. Qube Research & Technologies Ltd grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 67.1% during the second quarter. Qube Research & Technologies Ltd now owns 298,502 shares of the company’s stock valued at $24,752,000 after purchasing an additional 119,837 shares during the last quarter. Squarepoint Ops LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 347.4% during the second quarter. Squarepoint Ops LLC now owns 15,132 shares of the company’s stock valued at $1,255,000 after purchasing an additional 11,750 shares during the last quarter. Finally, Main Street Financial Solutions LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 8.6% during the second quarter. Main Street Financial Solutions LLC now owns 18,100 shares of the company’s stock valued at $1,501,000 after purchasing an additional 1,433 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ VCIT opened at $81.91 on Monday. The company’s 50 day simple moving average is $82.67 and its 200 day simple moving average is $83.43. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $81.00 and a fifty-two week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were issued a $0.3412 dividend. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33. This represents a c) annualized dividend and a yield of 5.0%. The ex-dividend date was Monday, June 1st.

Vanguard Intermediate-Term Corporate Bond ETF 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.