HighTower Advisors LLC Acquires 1,348,722 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

HighTower Advisors LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 123.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,440,152 shares of the company’s stock after purchasing an additional 1,348,722 shares during the quarter. HighTower Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $204,363,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. DecisionPoint Financial LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 2.9% during 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 boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 17.1% during 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. Bishop & Co Investment Management LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 7.0% during the third quarter. Bishop & Co Investment Management LLC now owns 479,730 shares of the company’s stock valued at $40,350,000 after acquiring an additional 31,395 shares during the last quarter. Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter valued at $715,000. Finally, Atria Investments Inc boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 9.4% during the 3rd quarter. Atria Investments Inc now owns 159,010 shares of the company’s stock worth $13,374,000 after purchasing an additional 13,632 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT stock opened at $81.90 on Tuesday. The company’s 50-day moving average is $82.84 and its 200-day moving average is $83.58. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $80.42 and a 1 year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

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