Sax Wealth Advisors LLC Acquires 8,257 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Sax Wealth Advisors LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 295.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,054 shares of the company’s stock after buying an additional 8,257 shares during the quarter. Sax Wealth Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $915,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in VCIT. Brighton Jones LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 107.9% in the fourth quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock worth $716,000 after acquiring an additional 4,627 shares during the period. Daiwa Securities Group Inc. grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.4% during the 2nd quarter. Daiwa Securities Group Inc. now owns 54,690 shares of the company’s stock valued at $4,535,000 after acquiring an additional 2,300 shares during the period. Qube Research & Technologies Ltd increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 67.1% in the 2nd quarter. Qube Research & Technologies Ltd now owns 298,502 shares of the company’s stock worth $24,752,000 after purchasing an additional 119,837 shares in the last quarter. Squarepoint Ops LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 347.4% in the second quarter. Squarepoint Ops LLC now owns 15,132 shares of the company’s stock worth $1,255,000 after buying an additional 11,750 shares during the period. Finally, Main Street Financial Solutions LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 8.6% during the 2nd quarter. Main Street Financial Solutions LLC now owns 18,100 shares of the company’s stock worth $1,501,000 after acquiring an additional 1,433 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.4%

VCIT opened at $81.07 on Tuesday. The company has a 50 day simple moving average of $81.96 and a two-hundred day simple moving average of $82.79. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $81.03 and a 1-year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, August 5th. Investors of record on Monday, August 3rd were issued a $0.3421 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) annualized dividend and a yield of 5.1%.

Vanguard Intermediate-Term Corporate Bond ETF 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.