Hayek Kallen Investment Management Acquires 44,860 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Hayek Kallen Investment Management lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1,070.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 49,050 shares of the company’s stock after purchasing an additional 44,860 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up about 1.3% of Hayek Kallen Investment Management’s holdings, making the stock its 23rd biggest position. Hayek Kallen Investment Management’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,126,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of VCIT. Caldwell Trust Co acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth $25,000. Chapman Financial Group LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter worth about $31,000. United Financial Planning Group LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth about $34,000. Abich Financial Wealth Management LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth about $35,000. Finally, Delos Wealth Advisors LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth about $37,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT stock opened at $82.46 on Monday. The stock’s 50 day simple moving average is $83.96 and its 200 day simple moving average is $84.00. 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 company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a $0.3026 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date was Monday, March 2nd.

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.