Kestra Private Wealth Services LLC Boosts Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Kestra Private Wealth Services LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 10.2% in the first quarter, Holdings Channel reports. The institutional investor owned 112,100 shares of the company’s stock after acquiring an additional 10,339 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $9,276,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in VCIT. BridgePort Financial Solutions LLC increased its stake in 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 worth $1,761,000 after acquiring an additional 120 shares during the last quarter. Sincerus Advisory LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.5% during the 4th quarter. Sincerus Advisory LLC now owns 24,561 shares of the company’s stock worth $2,057,000 after purchasing an additional 121 shares during the period. Valued Retirements Inc. grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.5% during the 4th quarter. Valued Retirements Inc. now owns 3,591 shares of the company’s stock worth $301,000 after purchasing an additional 121 shares during the period. MCF Advisors LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 19.7% during the 4th 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. Finally, Summit Wealth Partners LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.7% during the 4th quarter. Summit Wealth Partners LLC now owns 19,099 shares of the company’s stock worth $1,600,000 after purchasing an additional 134 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT opened at $82.79 on Friday. The company’s 50-day moving average price is $82.57 and its 200 day moving average price is $83.26. 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 declared a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were given a dividend of $0.3412 per share. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%. 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.