Better Money Decisions LLC Grows Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Better Money Decisions LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 7.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 40,539 shares of the company’s stock after purchasing an additional 2,954 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 2.4% of Better Money Decisions LLC’s portfolio, making the stock its 12th largest position. Better Money Decisions LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,240,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in VCIT. Creekmur Asset Management LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at approximately $26,000. Tidemark LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth $30,000. Mather Group LLC. purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth $30,000. Opal Wealth Advisors LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the first quarter valued at $33,000. Finally, Pineridge Advisors LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 57.3% in the first quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock valued at $33,000 after acquiring an additional 150 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock traded up $0.43 during trading on Friday, hitting $83.15. The stock had a trading volume of 5,063,519 shares, compared to its average volume of 6,959,416. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $73.78 and a 12 month high of $83.18. The firm’s fifty day simple moving average is $81.15 and its 200-day simple moving average is $80.13.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, August 1st were issued a $0.3011 dividend. This represents a $3.61 annualized dividend and a dividend yield of 4.35%. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date was Thursday, August 1st.

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.