Hughes Financial Services LLC Acquires Shares of 595 Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Hughes Financial Services LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 595 shares of the company’s stock, valued at approximately $49,000.

Other institutional investors have also recently bought and sold shares of the company. Greenspring Advisors LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.7% during the 1st quarter. Greenspring Advisors LLC now owns 7,600 shares of the company’s stock worth $621,000 after acquiring an additional 126 shares during the period. Diversified Portfolios Inc. lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.6% during the 1st quarter. Diversified Portfolios Inc. now owns 23,221 shares of the company’s stock worth $1,899,000 after acquiring an additional 131 shares during the period. Vaughan Nelson Investment Management L.P. lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.7% during the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 5,050 shares of the company’s stock worth $413,000 after acquiring an additional 135 shares during the period. Axis Wealth Partners LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.1% during the 1st quarter. Axis Wealth Partners LLC now owns 6,595 shares of the company’s stock worth $539,000 after acquiring an additional 136 shares during the period. Finally, Petra Financial Advisors Inc. lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.7% during the 4th quarter. Petra Financial Advisors Inc. now owns 22,611 shares of the company’s stock worth $1,815,000 after acquiring an additional 156 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.4%

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $82.02 on Monday. The company has a 50 day moving average of $81.61 and a 200-day moving average of $81.11. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $78.66 and a 1-year high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, July 3rd. Stockholders of record on Tuesday, July 1st were issued a dividend of $0.3207 per share. This represents a $3.85 dividend on an annualized basis and a dividend yield of 4.69%. The ex-dividend date was Tuesday, July 1st.

Vanguard Intermediate-Term Corporate Bond ETF 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.