Legacy Financial Group LLC Invests $15.15 Million in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Legacy Financial Group LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 181,464 shares of the company’s stock, valued at approximately $15,154,000. Vanguard Intermediate-Term Corporate Bond ETF makes up about 1.9% of Legacy Financial Group LLC’s portfolio, making the stock its 19th biggest holding.

Several other large investors have also added to or reduced their stakes in VCIT. DecisionPoint Financial LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.9% during the 4th quarter. DecisionPoint Financial LLC now owns 539,643 shares of the company’s stock valued at $45,195,000 after purchasing an additional 15,021 shares during the last quarter. Coyle Financial Counsel LLC raised its stake in shares of 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 period. Bishop & Co Investment Management LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.0% in the 3rd quarter. Bishop & Co Investment Management LLC now owns 479,730 shares of the company’s stock worth $40,350,000 after acquiring an additional 31,395 shares during the last quarter. Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth about $715,000. Finally, Atria Investments Inc grew its holdings in 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 valued at $13,374,000 after purchasing an additional 13,632 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCIT opened at $82.46 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $80.42 and a 1 year high of $84.84. The firm has a 50-day simple moving average of $82.92 and a two-hundred day simple moving average of $83.62.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st were given a $0.3262 dividend. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend was Friday, May 1st.

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.