XY Planning Network Inc. Has $7.85 Million Stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

XY Planning Network Inc. increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 0.6% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 95,953 shares of the company’s stock after buying an additional 557 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 5.2% of XY Planning Network Inc.’s portfolio, making the stock its 3rd biggest holding. XY Planning Network Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $7,845,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of VCIT. Brighton Jones LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 107.9% during the fourth quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock worth $716,000 after buying an additional 4,627 shares in the last quarter. Union Bancaire Privee UBP SA bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth about $14,938,000. Strategic Financial Concepts LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth about $259,000. D.A. Davidson & CO. grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 141.0% during the fourth quarter. D.A. Davidson & CO. now owns 32,824 shares of the company’s stock worth $2,635,000 after buying an additional 19,203 shares in the last quarter. Finally, Bryn Mawr Capital Management LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 9.0% during the fourth quarter. Bryn Mawr Capital Management LLC now owns 32,977 shares of the company’s stock worth $2,647,000 after buying an additional 2,713 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.1%

NASDAQ:VCIT opened at $81.89 on Friday. The stock has a 50-day simple moving average of $81.15 and a 200 day simple moving average of $80.98. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $78.66 and a 52-week high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 4th. Shareholders of record on Monday, June 2nd were paid a $0.328 dividend. This represents a $3.94 dividend on an annualized basis and a yield of 4.81%. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date of this dividend was Monday, June 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.