Brooks Moore & Associates Inc. Grows Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Brooks Moore & Associates Inc. lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 390.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 41,965 shares of the company’s stock after purchasing an additional 33,415 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 1.7% of Brooks Moore & Associates Inc.’s portfolio, making the stock its 19th largest position. Brooks Moore & Associates Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,515,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. DecisionPoint Financial LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 2.9% in the fourth quarter. DecisionPoint Financial LLC now owns 539,643 shares of the company’s stock valued at $45,195,000 after acquiring an additional 15,021 shares during the last quarter. Coyle Financial Counsel LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 17.1% in the third quarter. Coyle Financial Counsel LLC now owns 173,219 shares of the company’s stock valued at $14,569,000 after acquiring an additional 25,336 shares during the last quarter. Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at $715,000. Ameritas Investment Partners Inc. increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 7.9% in the third quarter. Ameritas Investment Partners Inc. now owns 234,801 shares of the company’s stock valued at $19,749,000 after purchasing an additional 17,222 shares during the period. Finally, First Horizon Corp increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 323.9% in the fourth quarter. First Horizon Corp now owns 11,648 shares of the company’s stock valued at $976,000 after purchasing an additional 8,900 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ VCIT opened at $82.22 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $81.43 and a one year high of $84.84. The firm’s fifty day moving average is $82.64 and its two-hundred day moving average is $83.32.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were paid a $0.3412 dividend. 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 yield of 5.0%. The ex-dividend date was Monday, June 1st.

Vanguard Intermediate-Term Corporate Bond ETF 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.