Vanguard Intermediate-Term Corporate Bond ETF $VCIT Position Increased by Pure Financial Advisors LLC

Pure Financial Advisors LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 37.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,114 shares of the company’s stock after purchasing an additional 8,544 shares during the quarter. Pure Financial Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,606,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 3.1% in the fourth quarter. Bank of America Corp DE now owns 84,849,444 shares of the company’s stock worth $7,106,141,000 after buying an additional 2,552,216 shares during the period. Fisher Asset Management LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.1% during the fourth quarter. Fisher Asset Management LLC now owns 83,976,379 shares of the company’s stock valued at $7,033,022,000 after acquiring an additional 3,339,026 shares during the period. Creative Planning boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.6% during the third quarter. Creative Planning now owns 26,438,339 shares of the company’s stock valued at $2,223,729,000 after acquiring an additional 927,083 shares during the period. Morgan Stanley grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 22.4% during the fourth quarter. Morgan Stanley now owns 24,048,406 shares of the company’s stock worth $2,014,054,000 after acquiring an additional 4,399,400 shares during the last quarter. Finally, LPL Financial LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.9% during the fourth quarter. LPL Financial LLC now owns 10,895,493 shares of the company’s stock worth $912,498,000 after acquiring an additional 604,588 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT stock opened at $82.48 on Friday. The firm’s 50-day simple moving average is $82.62 and its 200 day simple moving average is $83.30. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $81.43 and a fifty-two week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were paid a $0.3412 dividend. The ex-dividend date was Monday, June 1st. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33. This represents a c) annualized dividend 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.