Cornerstone Financial Group LLC NE Boosts Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Cornerstone Financial Group LLC NE grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 37.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 29,346 shares of the company’s stock after acquiring an additional 8,027 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises 1.7% of Cornerstone Financial Group LLC NE’s investment portfolio, making the stock its 19th largest position. Cornerstone Financial Group LLC NE’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,458,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. Fisher Asset Management LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 4.1% in the 4th quarter. Fisher Asset Management LLC now owns 83,976,379 shares of the company’s stock worth $7,033,022,000 after buying an additional 3,339,026 shares during the last quarter. Bank of America Corp DE lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 7.7% in the 3rd quarter. Bank of America Corp DE now owns 82,297,228 shares of the company’s stock worth $6,922,020,000 after buying an additional 5,909,857 shares during the last quarter. Creative Planning lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 3.6% in the 3rd quarter. Creative Planning now owns 26,438,339 shares of the company’s stock worth $2,223,729,000 after buying an additional 927,083 shares during the last quarter. LPL Financial LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 5.9% in the 4th quarter. LPL Financial LLC now owns 10,895,493 shares of the company’s stock worth $912,498,000 after buying an additional 604,588 shares during the last quarter. Finally, Wealthfront Advisers LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 8.9% in the 4th quarter. Wealthfront Advisers LLC now owns 5,510,729 shares of the company’s stock worth $461,524,000 after buying an additional 449,017 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ:VCIT opened at $82.08 on Wednesday. The business has a 50 day moving average of $82.67 and a 200 day moving average of $83.41. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $81.24 and a 1-year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were given a $0.3412 dividend. 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. This represents a c) annualized dividend 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.