Evanson Financial LLC Invests $646,000 in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Evanson Financial LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 7,814 shares of the company’s stock, valued at approximately $646,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. DecisionPoint Financial LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 2.9% during the fourth quarter. DecisionPoint Financial LLC now owns 539,643 shares of the company’s stock valued at $45,195,000 after purchasing an additional 15,021 shares during the period. Peak Financial Management Inc. boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.2% in the 4th quarter. Peak Financial Management Inc. now owns 153,930 shares of the company’s stock worth $12,892,000 after purchasing an additional 6,194 shares during the period. First Horizon Corp increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 323.9% during the 4th quarter. First Horizon Corp now owns 11,648 shares of the company’s stock valued at $976,000 after purchasing an additional 8,900 shares during the last quarter. Concurrent Investment Advisors LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.3% during the 4th quarter. Concurrent Investment Advisors LLC now owns 313,071 shares of the company’s stock valued at $26,220,000 after purchasing an additional 21,264 shares during the last quarter. Finally, Gilbert Capital Group Inc. raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 37.1% during the 4th quarter. Gilbert Capital Group Inc. now owns 32,918 shares of the company’s stock valued at $2,757,000 after buying an additional 8,912 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT opened at $81.42 on Friday. The business has a fifty day moving average of $81.99 and a 200 day moving average of $82.81. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $81.03 and a 52-week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Monday, August 3rd were given a dividend of $0.3421 per share. The ex-dividend date was Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 5.0%.

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.