Cornerstone Financial Group LLC NE Increases Stake in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Cornerstone Financial Group LLC NE increased its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 37.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 29,346 shares of the company’s stock after acquiring an additional 8,027 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises 1.7% of Cornerstone Financial Group LLC NE’s investment portfolio, making the stock its 19th largest holding. Cornerstone Financial Group LLC NE’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,458,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Richards Merrill & Peterson Inc. purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth about $30,000. Chapman Financial Group LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at about $31,000. United Financial Planning Group LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at about $34,000. Abich Financial Wealth Management LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at about $35,000. Finally, DT Investment Partners LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at about $42,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.2%

VCIT stock opened at $82.08 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $81.24 and a twelve month high of $84.84. The stock has a 50-day simple moving average of $82.67 and a two-hundred day simple moving average of $83.41.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were issued a dividend of $0.3412 per share. This represents a c) dividend on an annualized basis and a yield of 5.0%. The ex-dividend date of this dividend was Monday, June 1st. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33.

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.