Kagan Cocozza Asset Management Makes New $792,000 Investment in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Kagan Cocozza Asset Management bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the first quarter, Holdings Channel.com reports. The firm bought 9,565 shares of the company’s stock, valued at approximately $792,000.

Several other large investors have also modified their holdings of the business. Brown Brothers Harriman & Co. increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 136.1% during the fourth quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock valued at $29,000 after acquiring an additional 200 shares during the last quarter. HHM Wealth Advisors LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter worth approximately $29,000. Monetary Solutions Ltd purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth approximately $30,000. Richards Merrill & Peterson Inc. purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth approximately $30,000. Finally, Chapman Financial Group LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at approximately $31,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCIT opened at $82.65 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $81.43 and a 52-week high of $84.84. The business’s 50 day moving average is $82.54 and its two-hundred day moving average is $83.24.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were paid a $0.3412 dividend. The ex-dividend date of this dividend was Monday, June 1st. This is a boost 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 dividend yield of 5.0%.

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.