Tide Cove Capital Partners LLC Increases Stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Tide Cove Capital Partners LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 0.6% during the first quarter, Holdings Channel.com reports. The fund owned 58,010 shares of the company’s stock after purchasing an additional 357 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 4.1% of Tide Cove Capital Partners LLC’s investment portfolio, making the stock its 10th largest position. Tide Cove Capital Partners LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,743,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. SeaCrest Wealth Management LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 11.0% in the first quarter. SeaCrest Wealth Management LLC now owns 4,248 shares of the company’s stock worth $347,000 after purchasing an additional 422 shares during the last quarter. Prospect Financial Services LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 40.8% during the 1st quarter. Prospect Financial Services LLC now owns 93,933 shares of the company’s stock valued at $7,680,000 after purchasing an additional 27,197 shares during the last quarter. Foster Group Inc. lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 2.7% in the 1st quarter. Foster Group Inc. now owns 26,837 shares of the company’s stock worth $2,194,000 after buying an additional 698 shares during the period. Breakwater Capital Group grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.6% in the 1st quarter. Breakwater Capital Group now owns 47,114 shares of the company’s stock worth $3,852,000 after buying an additional 2,905 shares during the last quarter. Finally, Better Money Decisions LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 8.7% in the 1st quarter. Better Money Decisions LLC now owns 51,234 shares of the company’s stock worth $4,189,000 after buying an additional 4,097 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.03 on Friday. The business has a 50 day moving average of $80.96 and a 200 day moving average of $80.98. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $78.66 and a 52 week high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, June 4th. Shareholders of record on Monday, June 2nd were given a dividend of $0.328 per share. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. This represents a $3.94 dividend on an annualized basis and a yield of 4.86%. The ex-dividend date was Monday, June 2nd.

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.