Titan Investment Management LLC Acquires Shares of 41,717 Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Titan Investment Management LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the fourth quarter, HoldingsChannel reports. The firm bought 41,717 shares of the company’s stock, valued at approximately $3,494,000. Vanguard Intermediate-Term Corporate Bond ETF makes up about 3.2% of Titan Investment Management LLC’s holdings, making the stock its 8th biggest holding.

Several other hedge funds also recently made changes to their positions in the company. Brown Brothers Harriman & Co. raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 136.1% during the 4th quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock valued at $29,000 after acquiring an additional 200 shares in the last quarter. Richards Merrill & Peterson Inc. acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth $30,000. Monetary Solutions Ltd acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth $30,000. Chapman Financial Group LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter worth $31,000. Finally, United Financial Planning Group LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter valued at $34,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCIT opened at $82.48 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $81.43 and a 1-year high of $84.84. The company’s fifty day moving average is $82.64 and its two-hundred day moving average is $83.31.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

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.