Topsail Wealth Management LLC Raises Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Topsail Wealth Management LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 7.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 199,562 shares of the company’s stock after buying an additional 13,050 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for 2.4% of Topsail Wealth Management LLC’s investment portfolio, making the stock its 9th biggest holding. Topsail Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $16,514,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Brown Brothers Harriman & Co. grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 136.1% in the 4th quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock worth $29,000 after buying an additional 200 shares during the last quarter. HHM Wealth Advisors LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the first quarter worth $29,000. Richards Merrill & Peterson Inc. acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth $30,000. Monetary Solutions Ltd acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth $30,000. Finally, Chapman Financial Group LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at $31,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $82.79 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $81.43 and a 1-year high of $84.84. The business has a fifty day moving average price of $82.57 and a 200-day moving average price of $83.26.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were paid a $0.3412 dividend. This represents a c) dividend on an annualized basis and a yield of 4.9%. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33. The ex-dividend date was Monday, June 1st.

Vanguard Intermediate-Term Corporate Bond ETF Company 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.