Hayek Kallen Investment Management Buys 44,860 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Hayek Kallen Investment Management boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1,070.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 49,050 shares of the company’s stock after purchasing an additional 44,860 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 1.3% of Hayek Kallen Investment Management’s holdings, making the stock its 23rd biggest position. Hayek Kallen Investment Management’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,126,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE grew 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 purchasing an additional 5,909,857 shares during the last quarter. Fisher Asset Management LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.0% during the second quarter. Fisher Asset Management LLC now owns 102,253,864 shares of the company’s stock valued at $8,478,891,000 after buying an additional 4,850,259 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.6% during the second quarter. JPMorgan Chase & Co. now owns 55,312,304 shares of the company’s stock valued at $4,586,496,000 after buying an additional 3,404,271 shares during the last quarter. Corient Private Wealth LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 93.8% in the second quarter. Corient Private Wealth LLC now owns 3,915,948 shares of the company’s stock valued at $324,711,000 after buying an additional 1,895,302 shares during the period. Finally, Creative Planning lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.6% in the third 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 period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT stock opened at $82.46 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $78.66 and a twelve month high of $84.84. The business’s 50-day simple moving average is $83.96 and its 200 day simple moving average is $84.00.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.3026 per share. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend was Monday, March 2nd.

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.