Greenspring Advisors LLC Increases Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Greenspring Advisors LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 9.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 240,250 shares of the company’s stock after buying an additional 19,937 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for 1.1% of Greenspring Advisors LLC’s investment portfolio, making the stock its 12th largest holding. Greenspring Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $19,857,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of VCIT. HHM Wealth Advisors LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter worth $29,000. Brown Brothers Harriman & Co. raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 136.1% in the fourth quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock valued at $29,000 after purchasing an additional 200 shares during the last quarter. Monetary Solutions Ltd purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at about $30,000. Chapman Financial Group LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter valued at about $31,000. Finally, Align Financial LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at about $35,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $80.46 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $80.38 and a fifty-two week high of $84.84. The firm’s 50-day simple moving average is $81.56 and its 200 day simple moving average is $82.46.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Tuesday, September 1st will be given a dividend of $0.3401 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 5.1%.

About Vanguard Intermediate-Term Corporate Bond ETF

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.