Twin Cities Retirement Group LLC Acquires Shares of 207,213 Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Twin Cities Retirement Group LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 207,213 shares of the company’s stock, valued at approximately $17,354,000. Vanguard Intermediate-Term Corporate Bond ETF comprises 16.7% of Twin Cities Retirement Group LLC’s holdings, making the stock its largest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VCIT. Richards Merrill & Peterson Inc. purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at about $30,000. Chapman Financial Group LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth approximately $31,000. United Financial Planning Group LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth approximately $34,000. Abich Financial Wealth Management LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth approximately $35,000. Finally, Founders Financial Alliance LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth approximately $45,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT stock opened at $82.22 on Friday. The company has a 50 day moving average of $82.71 and a 200-day moving average of $83.52. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $80.82 and a 12-month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were paid a dividend of $0.3262 per share. The ex-dividend date was Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 4.8%.

About Vanguard Intermediate-Term Corporate Bond ETF

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.