Vanguard Intermediate-Term Corporate Bond ETF $VCIT Stock Holdings Raised by Kane Investment Management Inc.

Kane Investment Management Inc. raised its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 133.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 14,507 shares of the company’s stock after purchasing an additional 8,294 shares during the period. Kane Investment Management Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,215,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of VCIT. Brown Brothers Harriman & Co. boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 136.1% in the 4th quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock valued at $29,000 after buying an additional 200 shares during the period. Richards Merrill & Peterson Inc. acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at about $30,000. Chapman Financial Group LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at about $31,000. United Financial Planning Group LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at about $34,000. Finally, Abich Financial Wealth Management LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at about $35,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.1%

NASDAQ VCIT opened at $82.45 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $81.43 and a one year high of $84.84. The company has a 50-day simple moving average of $82.66 and a 200-day simple moving average of $83.38.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

About Vanguard Intermediate-Term Corporate Bond ETF

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.