Transcend Capital Advisors LLC Has $2.16 Million Stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Transcend Capital Advisors LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.1% during the second quarter, according to its most recent filing with the SEC. The firm owned 26,971 shares of the company’s stock after purchasing an additional 283 shares during the period. Transcend Capital Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,156,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VCIT. Schmidt P J Investment Management Inc. lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.8% during the 4th quarter. Schmidt P J Investment Management Inc. now owns 7,092 shares of the company’s stock valued at $570,000 after acquiring an additional 126 shares during the period. Pineridge Advisors LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 57.3% during the 1st quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock valued at $33,000 after acquiring an additional 150 shares during the period. Bogart Wealth LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 20.8% during the 4th quarter. Bogart Wealth LLC now owns 935 shares of the company’s stock valued at $76,000 after acquiring an additional 161 shares during the period. Leeward Financial Partners LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.8% during the 4th quarter. Leeward Financial Partners LLC now owns 20,355 shares of the company’s stock valued at $1,654,000 after acquiring an additional 162 shares during the period. Finally, StoneX Group Inc. lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.3% during the 1st quarter. StoneX Group Inc. now owns 12,677 shares of the company’s stock valued at $1,021,000 after acquiring an additional 166 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT stock traded up $0.69 during midday trading on Friday, reaching $82.34. 5,908,262 shares of the company’s stock traded hands, compared to its average volume of 7,049,594. The firm’s fifty day moving average price is $80.39 and its 200-day moving average price is $79.94. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $73.78 and a 52 week high of $82.36.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, August 5th. Stockholders of record on Thursday, August 1st will be paid a $0.3011 dividend. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date of this dividend is Thursday, August 1st. This represents a $3.61 annualized dividend and a dividend yield of 4.39%.

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.