Modus Advisors LLC Raises Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Modus Advisors LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 36.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,469 shares of the company’s stock after buying an additional 9,193 shares during the quarter. Modus Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,887,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 107.9% in the fourth quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock worth $716,000 after acquiring an additional 4,627 shares during the period. Daiwa Securities Group Inc. boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.4% in the second quarter. Daiwa Securities Group Inc. now owns 54,690 shares of the company’s stock worth $4,535,000 after acquiring an additional 2,300 shares during the period. Qube Research & Technologies Ltd boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 67.1% in the second quarter. Qube Research & Technologies Ltd now owns 298,502 shares of the company’s stock worth $24,752,000 after acquiring an additional 119,837 shares during the period. Squarepoint Ops LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 347.4% in the second quarter. Squarepoint Ops LLC now owns 15,132 shares of the company’s stock worth $1,255,000 after acquiring an additional 11,750 shares during the period. Finally, Main Street Financial Solutions LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 8.6% in the second quarter. Main Street Financial Solutions LLC now owns 18,100 shares of the company’s stock worth $1,501,000 after acquiring an additional 1,433 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.6%

NASDAQ VCIT opened at $81.91 on Friday. The business has a 50-day moving average price of $82.67 and a 200-day moving average price of $83.43. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $81.00 and a twelve month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were paid a $0.3412 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. 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.

Vanguard Intermediate-Term Corporate Bond ETF 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.