KMG Fiduciary Partners LLC Has $7.16 Million Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

KMG Fiduciary Partners LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 36.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 85,539 shares of the company’s stock after purchasing an additional 22,688 shares during the quarter. KMG Fiduciary Partners LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $7,164,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Caldwell Trust Co acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at about $25,000. Chapman Financial Group LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth approximately $31,000. United Financial Planning Group LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the third quarter valued at approximately $34,000. Abich Financial Wealth Management LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the third quarter valued at approximately $35,000. Finally, Delos Wealth Advisors LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at approximately $37,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.1%

NASDAQ:VCIT opened at $81.92 on Friday. The stock’s fifty day moving average price is $83.68 and its two-hundred day moving average price is $83.92. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $78.66 and a 52-week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid 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.