Kovitz Investment Group Partners LLC Boosts Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Kovitz Investment Group Partners LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 765.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 243,359 shares of the company’s stock after acquiring an additional 215,247 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $20,381,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VCIT. Rothschild Investment LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 17.4% in the 3rd quarter. Rothschild Investment LLC now owns 810 shares of the company’s stock worth $68,000 after buying an additional 120 shares during the last quarter. BridgePort Financial Solutions LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.6% during the fourth quarter. BridgePort Financial Solutions LLC now owns 21,027 shares of the company’s stock valued at $1,761,000 after acquiring an additional 120 shares during the last quarter. Sincerus Advisory LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 0.5% during the fourth quarter. Sincerus Advisory LLC now owns 24,561 shares of the company’s stock worth $2,057,000 after acquiring an additional 121 shares during the period. Valued Retirements Inc. lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 3.5% during the fourth quarter. Valued Retirements Inc. now owns 3,591 shares of the company’s stock worth $301,000 after acquiring an additional 121 shares during the period. Finally, MCF Advisors LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 19.7% in the fourth quarter. MCF Advisors LLC now owns 754 shares of the company’s stock worth $63,000 after purchasing an additional 124 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT stock opened at $82.48 on Friday. The stock’s fifty day simple moving average is $82.64 and its two-hundred day simple moving average is $83.31. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $81.43 and a 1-year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were issued a $0.3412 dividend. This is an increase 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. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%.

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.