Vanguard Intermediate-Term Corporate Bond ETF $VCIT is West Financial Advisors LLC’s 9th Largest Position

West Financial Advisors LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 29.1% in the fourth quarter, Holdings Channel reports. The fund owned 255,295 shares of the company’s stock after purchasing an additional 57,500 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 3.6% of West Financial Advisors LLC’s portfolio, making the stock its 9th largest holding. West Financial Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $21,381,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 67.6% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 23,827 shares of the company’s stock worth $2,004,000 after acquiring an additional 9,607 shares during the period. Cordant Inc. lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 3.8% in the third quarter. Cordant Inc. now owns 174,275 shares of the company’s stock valued at $14,658,000 after buying an additional 6,300 shares during the last quarter. Bishop & Co Investment Management LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 7.0% during the third quarter. Bishop & Co Investment Management LLC now owns 479,730 shares of the company’s stock worth $40,350,000 after buying an additional 31,395 shares during the period. Coyle Financial Counsel LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 17.1% during the third quarter. Coyle Financial Counsel LLC now owns 173,219 shares of the company’s stock valued at $14,569,000 after acquiring an additional 25,336 shares during the last quarter. Finally, Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the third quarter valued at about $715,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $82.01 on Friday. The company’s 50 day simple moving average is $83.72 and its 200-day simple moving average is $83.94. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $78.66 and a 1 year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a $0.3026 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.4%.

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.