Modus Advisors LLC Purchases 9,193 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Modus Advisors LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 36.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 34,469 shares of the company’s stock after acquiring an additional 9,193 shares during the period. Modus Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,887,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fisher Asset Management LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 4.1% during the fourth quarter. Fisher Asset Management LLC now owns 83,976,379 shares of the company’s stock valued at $7,033,022,000 after buying an additional 3,339,026 shares during the last quarter. Bank of America Corp DE boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 7.7% during the third quarter. Bank of America Corp DE now owns 82,297,228 shares of the company’s stock valued at $6,922,020,000 after buying an additional 5,909,857 shares during the last quarter. Creative Planning boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.6% during the third quarter. Creative Planning now owns 26,438,339 shares of the company’s stock valued at $2,223,729,000 after buying an additional 927,083 shares during the last quarter. Wealthfront Advisers LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 8.9% during the fourth quarter. Wealthfront Advisers LLC now owns 5,510,729 shares of the company’s stock valued at $461,524,000 after buying an additional 449,017 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 10.3% during the third quarter. Raymond James Financial Inc. now owns 4,620,873 shares of the company’s stock valued at $388,662,000 after buying an additional 431,590 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.91 on Friday. The stock has a 50 day moving average of $82.67 and a 200 day moving average of $83.43. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $81.00 and a 12 month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were paid a dividend of $0.3412 per share. The ex-dividend date of this dividend was Monday, June 1st. This is a boost 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.