Summit Financial LLC Acquires 32,445 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Summit Financial LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 10.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 350,070 shares of the company’s stock after acquiring an additional 32,445 shares during the quarter. Summit Financial LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $29,318,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. DecisionPoint Financial LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 2.9% in the 4th quarter. DecisionPoint Financial LLC now owns 539,643 shares of the company’s stock worth $45,195,000 after buying an additional 15,021 shares during the last quarter. Coyle Financial Counsel LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 17.1% in the 3rd quarter. Coyle Financial Counsel LLC now owns 173,219 shares of the company’s stock worth $14,569,000 after buying an additional 25,336 shares during the last quarter. Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth approximately $715,000. Atria Investments Inc lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 9.4% in the 3rd quarter. Atria Investments Inc now owns 159,010 shares of the company’s stock worth $13,374,000 after buying an additional 13,632 shares during the last quarter. Finally, Ameritas Investment Partners Inc. lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 7.9% in the third quarter. Ameritas Investment Partners Inc. now owns 234,801 shares of the company’s stock valued at $19,749,000 after purchasing an additional 17,222 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.1%

Shares of VCIT stock opened at $82.45 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $81.43 and a fifty-two week high of $84.84. The stock has a 50 day moving average price of $82.66 and a two-hundred day moving average price of $83.38.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

Vanguard Intermediate-Term Corporate Bond ETF Company 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.