Hanson & Doremus Investment Management Has $51.20 Million Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Hanson & Doremus Investment Management lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.0% during the 1st quarter, HoldingsChannel.com reports. The firm owned 618,693 shares of the company’s stock after acquiring an additional 23,900 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up about 5.9% of Hanson & Doremus Investment Management’s portfolio, making the stock its 4th biggest holding. Hanson & Doremus Investment Management’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $51,197,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in VCIT. Brown Brothers Harriman & Co. boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 136.1% during the 4th quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock worth $29,000 after acquiring an additional 200 shares in the last quarter. Richards Merrill & Peterson Inc. acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth $30,000. Monetary Solutions Ltd acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth $30,000. Chapman Financial Group LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth $31,000. Finally, United Financial Planning Group LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the third quarter valued at $34,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ VCIT opened at $82.29 on Tuesday. The stock’s 50-day moving average price is $82.61 and its two-hundred day moving average price is $83.29. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $81.43 and a 1 year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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