Vanguard Intermediate-Term Corporate Bond ETF $VCIT is Financial Futures Ltd Liability Co.’s Largest Position

Financial Futures Ltd Liability Co. grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 7.1% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 209,671 shares of the company’s stock after buying an additional 13,844 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up 7.6% of Financial Futures Ltd Liability Co.’s investment portfolio, making the stock its largest position. Financial Futures Ltd Liability Co.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $17,350,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. HHM Wealth Advisors LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth about $29,000. Brown Brothers Harriman & Co. increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 136.1% during the fourth quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock valued at $29,000 after purchasing an additional 200 shares in the last quarter. Richards Merrill & Peterson Inc. purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at approximately $30,000. Monetary Solutions Ltd purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at approximately $30,000. Finally, Chapman Financial Group LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter worth $31,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT stock opened at $82.91 on Friday. The company’s 50-day moving average is $82.56 and its 200 day moving average is $83.26. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $81.43 and a one year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

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.