Kovitz Investment Group Partners LLC Boosts Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Kovitz Investment Group Partners LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 765.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 243,359 shares of the company’s stock after buying an additional 215,247 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $20,381,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in VCIT. Van Diest Capital LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth about $999,000. Axxcess Wealth Management LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 25.7% in the 4th quarter. Axxcess Wealth Management LLC now owns 36,110 shares of the company’s stock worth $3,024,000 after buying an additional 7,383 shares during the period. Aznar Financial Advisors LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at approximately $374,000. Corient Private Wealth LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 438.6% in the 4th quarter. Corient Private Wealth LLC now owns 10,303,448 shares of the company’s stock valued at $862,914,000 after buying an additional 8,390,355 shares in the last quarter. Finally, Plotkin Financial Advisors LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 14.5% in the fourth quarter. Plotkin Financial Advisors LLC now owns 6,601 shares of the company’s stock worth $553,000 after acquiring an additional 834 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.3%

Shares of NASDAQ VCIT opened at $82.48 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 fifty day moving average of $82.64 and a 200-day moving average of $83.31.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

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.