Summit Investment Advisors Inc. Raises Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Summit Investment Advisors Inc. boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 5.0% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 208,965 shares of the company’s stock after buying an additional 10,027 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up about 14.1% of Summit Investment Advisors Inc.’s holdings, making the stock its 23rd largest holding. Summit Investment Advisors Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $17,085,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the business. Mattson Financial Services LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth about $28,000. Aspect Partners LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at about $28,000. Anfield Capital Management LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter worth approximately $29,000. NorthRock Partners LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 54.1% in the 1st quarter. NorthRock Partners LLC now owns 376 shares of the company’s stock valued at $31,000 after purchasing an additional 132 shares in the last quarter. Finally, NewSquare Capital LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at $33,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $83.75 on Friday. The firm has a fifty day simple moving average of $84.13 and a two-hundred day simple moving average of $82.76. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $78.66 and a twelve month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Stockholders 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 4.7%. The ex-dividend date of this dividend 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.