Parallel Advisors LLC Has $24.81 Million Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Parallel Advisors LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 7.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 291,363 shares of the company’s stock after acquiring an additional 19,049 shares during the period. Parallel Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $24,811,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of VCIT. Richards Merrill & Peterson Inc. acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth about $30,000. Chapman Financial Group LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth about $31,000. United Financial Planning Group LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth about $34,000. Abich Financial Wealth Management LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth about $35,000. Finally, DT Investment Partners LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth about $42,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.1%

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $82.37 on Friday. The business has a 50-day moving average price of $82.68 and a two-hundred day moving average price of $83.44. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $81.00 and a 1-year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were issued a dividend of $0.3412 per share. This represents a c) dividend on an annualized basis and a yield of 5.0%. The ex-dividend date was Monday, June 1st. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33.

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.