Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Acquired by Arkos Global Advisors

Arkos Global Advisors grew its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 11.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 629,567 shares of the company’s stock after acquiring an additional 65,577 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up 6.7% of Arkos Global Advisors’ portfolio, making the stock its 4th biggest holding. Arkos Global Advisors’ holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $52,726,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Brown Brothers Harriman & Co. grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 136.1% in the fourth quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock valued at $29,000 after buying an additional 200 shares in the last quarter. Richards Merrill & Peterson Inc. purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at $30,000. Chapman Financial Group LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at $31,000. United Financial Planning Group LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at $34,000. Finally, Abich Financial Wealth Management LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at $35,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.1%

NASDAQ:VCIT opened at $82.45 on Friday. The stock has a fifty day moving average price of $82.66 and a 200 day moving average price of $83.38. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $81.43 and a 12-month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

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.