BDFS Capital LLC Invests $677,000 in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

BDFS Capital LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 8,086 shares of the company’s stock, valued at approximately $677,000.

Several other institutional investors have also added to or reduced their stakes in VCIT. Bank of America Corp DE grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.1% during the fourth quarter. Bank of America Corp DE now owns 84,849,444 shares of the company’s stock worth $7,106,141,000 after buying an additional 2,552,216 shares in the last quarter. Fisher Asset Management LLC raised 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 valued at $7,033,022,000 after buying an additional 3,339,026 shares during the last quarter. Creative Planning raised 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 valued at $2,223,729,000 after buying an additional 927,083 shares during the last quarter. Morgan Stanley lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 22.4% in the 4th quarter. Morgan Stanley now owns 24,048,406 shares of the company’s stock valued at $2,014,054,000 after acquiring an additional 4,399,400 shares in the last quarter. Finally, LPL Financial LLC lifted its stake 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 valued at $912,498,000 after acquiring an additional 604,588 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.3%

NASDAQ:VCIT opened at $82.48 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $81.43 and a twelve month high of $84.84. The business has a 50 day moving average price of $82.64 and a two-hundred day moving average price of $83.31.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were given a dividend of $0.3412 per share. This represents a c) annualized dividend and a yield of 5.0%. This is an increase 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.

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.