IFP Advisors Inc Increases Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

IFP Advisors Inc increased its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 25.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 67,926 shares of the company’s stock after purchasing an additional 13,925 shares during the quarter. IFP Advisors Inc’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $5,689,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Rothschild Investment LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 17.4% in the 3rd quarter. Rothschild Investment LLC now owns 810 shares of the company’s stock valued at $68,000 after purchasing an additional 120 shares in the last quarter. BridgePort Financial Solutions LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.6% in the 4th quarter. BridgePort Financial Solutions LLC now owns 21,027 shares of the company’s stock valued at $1,761,000 after purchasing an additional 120 shares in the last quarter. Sincerus Advisory LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.5% in the 4th quarter. Sincerus Advisory LLC now owns 24,561 shares of the company’s stock valued at $2,057,000 after purchasing an additional 121 shares in the last quarter. Topel & Distasi Wealth Management LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.5% in the 3rd quarter. Topel & Distasi Wealth Management LLC now owns 25,872 shares of the company’s stock valued at $2,176,000 after purchasing an additional 131 shares in the last quarter. Finally, Summit Wealth Partners LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.7% in the 4th quarter. Summit Wealth Partners LLC now owns 19,099 shares of the company’s stock valued at $1,600,000 after purchasing an additional 134 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCIT opened at $82.09 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $80.42 and a 52 week high of $84.84. The company’s 50-day moving average price is $82.76 and its 200 day moving average price is $83.54.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were paid a $0.3262 dividend. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend was Friday, May 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.