Ramiah Investment Group Makes New Investment in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Ramiah Investment Group purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 23,354 shares of the company’s stock, valued at approximately $1,964,000. Vanguard Intermediate-Term Corporate Bond ETF makes up about 1.9% of Ramiah Investment Group’s investment portfolio, making the stock its 14th biggest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Caldwell Trust Co bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth about $25,000. Mattson Financial Services LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the first quarter worth about $28,000. Aspect Partners LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth about $28,000. Chapman Financial Group LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at about $31,000. Finally, NewSquare Capital LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at about $33,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.2%

Shares of VCIT opened at $83.78 on Friday. The stock has a 50 day simple moving average of $83.89 and a 200 day simple moving average of $83.58. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $78.66 and a 52-week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 3rd. Stockholders of record on Monday, December 1st were issued a $0.3223 dividend. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date was Monday, December 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.