Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Acquired by Topsail Wealth Management LLC

Topsail Wealth Management LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 5.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 186,512 shares of the company’s stock after purchasing an additional 9,914 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 2.3% of Topsail Wealth Management LLC’s portfolio, making the stock its 9th biggest position. Topsail Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $15,620,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Richards Merrill & Peterson Inc. purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth approximately $30,000. Chapman Financial Group LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth approximately $31,000. United Financial Planning Group LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth approximately $34,000. Abich Financial Wealth Management LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth approximately $35,000. Finally, Founders Financial Alliance LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth approximately $45,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT stock opened at $82.49 on Wednesday. The business has a 50 day moving average price of $82.98 and a 200 day moving average price of $83.65. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $80.42 and a fifty-two week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were paid a dividend of $0.3262 per share. The ex-dividend date was Friday, May 1st. This represents a c) annualized dividend and a yield of 4.7%.

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.