Napier Financial LLC Purchases Shares of 133,721 Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Napier Financial LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 133,721 shares of the company’s stock, valued at approximately $11,199,000. Vanguard Intermediate-Term Corporate Bond ETF accounts for 2.8% of Napier Financial LLC’s investment portfolio, making the stock its 14th biggest holding.

A number of other hedge funds have also made changes to their positions in VCIT. Brighton Jones LLC increased its stake in shares of 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 valued at $716,000 after acquiring an additional 4,627 shares during the period. Daiwa Securities Group Inc. increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.4% during 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 during the period. Qube Research & Technologies Ltd increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 67.1% during 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 during the period. Squarepoint Ops LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 347.4% during 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 during the period. Finally, Main Street Financial Solutions LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 8.6% during 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 during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ VCIT opened at $81.91 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $81.00 and a 12 month high of $84.84. The company’s 50 day simple moving average is $82.67 and its 200 day simple moving average is $83.43.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were paid a dividend of $0.3412 per share. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date was Monday, June 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.