Marshall & Sterling Wealth Advisors Inc. Purchases 14,590 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Marshall & Sterling Wealth Advisors Inc. lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 10.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 153,818 shares of the company’s stock after buying an additional 14,590 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up 8.5% of Marshall & Sterling Wealth Advisors Inc.’s holdings, making the stock its largest position. Marshall & Sterling Wealth Advisors Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $12,882,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the stock. Brighton Jones LLC boosted its position in 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 purchasing an additional 4,627 shares in the last quarter. Daiwa Securities Group Inc. lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.4% in the second quarter. Daiwa Securities Group Inc. now owns 54,690 shares of the company’s stock valued at $4,535,000 after acquiring an additional 2,300 shares in the last quarter. Qube Research & Technologies Ltd lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 67.1% in the second quarter. Qube Research & Technologies Ltd now owns 298,502 shares of the company’s stock valued at $24,752,000 after acquiring an additional 119,837 shares in the last quarter. Squarepoint Ops LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 347.4% in the second quarter. Squarepoint Ops LLC now owns 15,132 shares of the company’s stock valued at $1,255,000 after acquiring an additional 11,750 shares in the last quarter. Finally, Main Street Financial Solutions LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 8.6% in the second quarter. Main Street Financial Solutions LLC now owns 18,100 shares of the company’s stock valued at $1,501,000 after acquiring an additional 1,433 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ VCIT opened at $82.74 on Friday. The stock’s 50 day simple moving average is $82.69 and its 200-day simple moving average is $83.49. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $81.00 and a 1-year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st were given a $0.3262 dividend. The ex-dividend date was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 4.7%.

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.