Simon Quick Advisors LLC Raises Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Simon Quick Advisors LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 291.1% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 32,423 shares of the company’s stock after acquiring an additional 24,132 shares during the quarter. Simon Quick Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,689,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 196.0% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 25,337 shares of the company’s stock worth $2,072,000 after buying an additional 16,776 shares during the last quarter. Grandview Asset Management LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.1% in the 2nd quarter. Grandview Asset Management LLC now owns 13,352 shares of the company’s stock worth $1,107,000 after buying an additional 643 shares during the last quarter. Sage Rhino Capital LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.6% during the 2nd quarter. Sage Rhino Capital LLC now owns 89,152 shares of the company’s stock valued at $7,392,000 after purchasing an additional 494 shares during the period. HB Wealth Management LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at about $479,000. Finally, CWA Asset Management Group LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 16.4% during the 2nd quarter. CWA Asset Management Group LLC now owns 376,436 shares of the company’s stock valued at $31,214,000 after purchasing an additional 53,098 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $84.16 on Friday. The business has a 50-day simple moving average of $84.09 and a two-hundred day simple moving average of $82.62. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $78.66 and a 52-week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st were paid a dividend of $0.326 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date was Wednesday, October 1st.

About Vanguard Intermediate-Term Corporate Bond ETF

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.