TD Private Client Wealth LLC Purchases 34,049 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

TD Private Client Wealth LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 12.6% in the third quarter, HoldingsChannel reports. The firm owned 303,386 shares of the company’s stock after purchasing an additional 34,049 shares during the quarter. TD Private Client Wealth LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $25,518,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 67.6% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 23,827 shares of the company’s stock valued at $2,004,000 after purchasing an additional 9,607 shares during the last quarter. Cordant Inc. increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 3.8% during the 3rd quarter. Cordant Inc. now owns 174,275 shares of the company’s stock valued at $14,658,000 after buying an additional 6,300 shares in the last quarter. Global Retirement Partners LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at approximately $10,304,000. B. Riley Wealth Advisors Inc. purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter valued at $935,000. Finally, Grandview Asset Management LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 5.1% in the second quarter. Grandview Asset Management LLC now owns 13,352 shares of the company’s stock worth $1,107,000 after acquiring an additional 643 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ VCIT opened at $83.83 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $78.66 and a 12 month high of $84.84. The stock’s fifty day moving average price is $83.89 and its 200-day moving average price is $83.61.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Monday, December 1st were paid a dividend of $0.3223 per share. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date was Monday, December 1st.

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.