19,437 Shares in Vanguard Intermediate-Term Corporate Bond ETF $VCIT Purchased by Steinberganna Wealth Management

Steinberganna Wealth Management bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 19,437 shares of the company’s stock, valued at approximately $1,635,000. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 0.8% of Steinberganna Wealth Management’s investment portfolio, making the stock its 25th biggest holding.

Several other institutional investors also recently added to or reduced their stakes in VCIT. Caldwell Trust Co bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at approximately $25,000. Mattson Financial Services LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth $28,000. Aspect Partners LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at $28,000. Chapman Financial Group LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at $31,000. Finally, NewSquare Capital LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter worth $33,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ:VCIT opened at $83.78 on Friday. The firm’s 50-day moving average is $83.89 and its 200-day moving average is $83.58. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $78.66 and a 52-week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 3rd. Investors of record on Monday, December 1st were paid a dividend of $0.3223 per share. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date was Monday, December 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.