Vanguard Intermediate-Term Corporate Bond ETF $VCIT is FLC Capital Advisors’ 8th Largest Position

FLC Capital Advisors lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 6.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 157,118 shares of the company’s stock after buying an additional 10,195 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 2.4% of FLC Capital Advisors’ holdings, making the stock its 8th largest position. FLC Capital Advisors’ holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $13,159,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Richards Merrill & Peterson Inc. acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth about $30,000. Chapman Financial Group LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at approximately $31,000. United Financial Planning Group LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at approximately $34,000. Abich Financial Wealth Management LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at approximately $35,000. Finally, DT Investment Partners LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at approximately $42,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.91 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $81.00 and a 1 year high of $84.84. The firm has a 50 day moving average price of $82.67 and a 200 day moving average price of $83.43.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were issued a $0.3412 dividend. The ex-dividend date was Monday, June 1st. This is a positive change 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%.

Vanguard Intermediate-Term Corporate Bond ETF Company 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.