Venturi Wealth Management LLC Raises Stake in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Venturi Wealth Management LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 7,037.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 491,605 shares of the company’s stock after buying an additional 484,717 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises 1.8% of Venturi Wealth Management LLC’s portfolio, making the stock its 12th largest holding. Venturi Wealth Management LLC owned approximately 0.06% of Vanguard Intermediate-Term Corporate Bond ETF worth $40,680,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. DecisionPoint Financial LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 2.9% in the 4th quarter. DecisionPoint Financial LLC now owns 539,643 shares of the company’s stock valued at $45,195,000 after buying an additional 15,021 shares during the period. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at about $715,000. First Horizon Corp lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 323.9% during the 4th quarter. First Horizon Corp now owns 11,648 shares of the company’s stock worth $976,000 after acquiring an additional 8,900 shares during the period. Counterweight Ventures LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 13.3% during the 4th quarter. Counterweight Ventures LLC now owns 61,155 shares of the company’s stock worth $5,122,000 after acquiring an additional 7,179 shares during the period. Finally, Constellation Investments Inc. lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 57.0% during the 4th quarter. Constellation Investments Inc. now owns 1,746,325 shares of the company’s stock worth $146,255,000 after acquiring an additional 633,750 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT opened at $82.91 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $81.43 and a 1 year high of $84.84. The company’s 50 day simple moving average is $82.56 and its 200 day simple moving average is $83.26.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were paid a dividend of $0.3412 per share. This is an increase 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 4.9%. The ex-dividend date of this dividend was Monday, June 1st.

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.