Harfst & Associates Inc. Makes New Investment in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Harfst & Associates Inc. purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 85,766 shares of the company’s stock, valued at approximately $7,183,000. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 1.3% of Harfst & Associates Inc.’s holdings, making the stock its 12th largest position.

Several other hedge funds have also recently bought and sold shares of the business. Richards Merrill & Peterson Inc. acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth about $30,000. Chapman Financial Group LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth about $31,000. United Financial Planning Group LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth about $34,000. Abich Financial Wealth Management LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth about $35,000. Finally, DT Investment Partners LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth about $42,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ VCIT opened at $82.45 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $81.00 and a one year high of $84.84. The business has a 50-day moving average price of $82.68 and a two-hundred day moving average price of $83.47.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

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.