Vanguard Intermediate-Term Corporate Bond ETF $VCIT is Powers Advisory Group LLC’s 4th Largest Position

Powers Advisory Group LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 71.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 152,597 shares of the company’s stock after buying an additional 63,382 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 5.1% of Powers Advisory Group LLC’s investment portfolio, making the stock its 4th biggest holding. Powers Advisory Group LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $12,835,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Brighton Jones LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 107.9% during the 4th quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock worth $716,000 after acquiring an additional 4,627 shares during the period. Ieq Capital LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth about $241,000. AQR Capital Management LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 8.6% during the first quarter. AQR Capital Management LLC now owns 109,667 shares of the company’s stock worth $8,966,000 after purchasing an additional 8,651 shares during the period. Coordinated Financial Services Inc. CO purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the first quarter valued at approximately $1,292,000. Finally, Ashton Thomas Private Wealth LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 9.4% in the 1st quarter. Ashton Thomas Private Wealth LLC now owns 13,860 shares of the company’s stock worth $1,133,000 after buying an additional 1,193 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT opened at $83.74 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $78.66 and a 12-month high of $84.84. The firm has a 50 day moving average of $83.94 and a two-hundred day moving average of $83.54.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Investors of record on Monday, December 1st were issued a dividend of $0.3223 per share. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend was Monday, December 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.