Howe & Rusling Inc. Buys 31,972 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Howe & Rusling Inc. lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 6.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 532,586 shares of the company’s stock after purchasing an additional 31,972 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises 3.0% of Howe & Rusling Inc.’s portfolio, making the stock its 7th largest position. Howe & Rusling Inc. owned approximately 0.07% of Vanguard Intermediate-Term Corporate Bond ETF worth $44,604,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Rothschild Wealth LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 1,130.4% in the 4th quarter. Rothschild Wealth LLC now owns 39,939 shares of the company’s stock worth $3,345,000 after buying an additional 36,693 shares in the last quarter. Gould Asset Management LLC CA grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 6.0% in the 4th quarter. Gould Asset Management LLC CA now owns 6,953 shares of the company’s stock worth $582,000 after buying an additional 395 shares in the last quarter. Bluedoor Private Wealth LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth approximately $348,000. Seaside Wealth Management Inc. grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 3.3% in the 4th quarter. Seaside Wealth Management Inc. now owns 144,805 shares of the company’s stock worth $12,127,000 after buying an additional 4,561 shares in the last quarter. Finally, Cynosure Group LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 62.4% in the 4th quarter. Cynosure Group LLC now owns 24,153 shares of the company’s stock worth $2,023,000 after buying an additional 9,277 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT stock opened at $82.59 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $81.43 and a 12-month high of $84.84. The business has a 50 day simple moving average of $82.65 and a 200 day simple moving average of $83.34.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were issued a $0.3412 dividend. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a 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.