Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Position Increased by W.H. Cornerstone Investments Inc.

W.H. Cornerstone Investments Inc. raised its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 11.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 82,444 shares of the company’s stock after acquiring an additional 8,654 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up about 4.7% of W.H. Cornerstone Investments Inc.’s holdings, making the stock its 3rd biggest holding. W.H. Cornerstone Investments Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $6,905,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Insight Advisors LLC PA purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at $228,000. Vanguard Group Inc. increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 9.2% in the 1st quarter. Vanguard Group Inc. now owns 3,404,481 shares of the company’s stock valued at $274,095,000 after acquiring an additional 286,685 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,705,190 shares of the company’s stock worth $136,296,000 after acquiring an additional 75,446 shares in the last quarter. First Pacific Financial lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 6.1% during the second quarter. First Pacific Financial now owns 275,356 shares of the company’s stock worth $22,009,000 after purchasing an additional 15,950 shares during the last quarter. Finally, Brookstone Capital Management boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 7.7% in the second quarter. Brookstone Capital Management now owns 24,812 shares of the company’s stock valued at $2,015,000 after purchasing an additional 1,770 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.5 %

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.14 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $75.64 and a 52 week high of $84.25. The firm’s 50 day moving average is $82.88 and its two-hundred day moving average is $81.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st will be paid a dividend of $0.3166 per share. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. The ex-dividend date is Friday, November 1st. This represents a $3.80 annualized dividend and a dividend yield of 4.68%.

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.