SHP Wealth Management Acquires Shares of 845,435 Vanguard Intermediate-Term Corporate Bond ETF $VCIT

SHP Wealth Management acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 845,435 shares of the company’s stock, valued at approximately $70,806,000. Vanguard Intermediate-Term Corporate Bond ETF comprises about 5.5% of SHP Wealth Management’s portfolio, making the stock its 4th largest position.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in VCIT. Amicus Financial Advisors LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at $858,000. Clearwave Capital LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth about $202,000. Arwa LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at about $432,000. Financially in Tune LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at about $314,000. Finally, BDFS Capital LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth approximately $677,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT opened at $82.48 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $81.43 and a fifty-two week high of $84.84. The company has a fifty day moving average of $82.62 and a two-hundred day moving average of $83.30.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

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.