Focused Wealth Management Inc Buys 32,783 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Focused Wealth Management Inc boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 6.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 579,931 shares of the company’s stock after buying an additional 32,783 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 5.0% of Focused Wealth Management Inc’s holdings, making the stock its 4th biggest holding. Focused Wealth Management Inc’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $47,989,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. BridgePort Financial Solutions LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.6% during the 4th quarter. BridgePort Financial Solutions LLC now owns 21,027 shares of the company’s stock worth $1,761,000 after purchasing an additional 120 shares during the period. Sincerus Advisory LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 0.5% in the fourth quarter. Sincerus Advisory LLC now owns 24,561 shares of the company’s stock valued at $2,057,000 after purchasing an additional 121 shares during the period. Valued Retirements Inc. raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 3.5% in the fourth quarter. Valued Retirements Inc. now owns 3,591 shares of the company’s stock valued at $301,000 after purchasing an additional 121 shares during the period. MCF Advisors LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 19.7% during the fourth quarter. MCF Advisors LLC now owns 754 shares of the company’s stock worth $63,000 after purchasing an additional 124 shares in the last quarter. Finally, Summit Wealth Partners LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.7% during the fourth quarter. Summit Wealth Partners LLC now owns 19,099 shares of the company’s stock worth $1,600,000 after purchasing an additional 134 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.1%

Shares of NASDAQ VCIT opened at $82.37 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $81.43 and a twelve month high of $84.84. The stock has a fifty day simple moving average of $82.60 and a 200-day simple moving average of $83.28.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

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.