Savvy Advisors Inc. Purchases 27,950 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Savvy Advisors Inc. grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 451.8% during the 3rd quarter, Holdings Channel reports. The firm owned 34,136 shares of the company’s stock after buying an additional 27,950 shares during the period. Savvy Advisors Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,859,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of VCIT. Headlands Technologies LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth $53,000. US Bancorp DE grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 12.1% in the first quarter. US Bancorp DE now owns 22,976 shares of the company’s stock worth $1,850,000 after purchasing an additional 2,488 shares during the last quarter. Avantax Advisory Services Inc. boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 47.2% in the first quarter. Avantax Advisory Services Inc. now owns 65,295 shares of the company’s stock valued at $5,257,000 after acquiring an additional 20,946 shares during the last quarter. Koshinski Asset Management Inc. raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 22.3% in the 1st quarter. Koshinski Asset Management Inc. now owns 24,732 shares of the company’s stock worth $1,991,000 after acquiring an additional 4,513 shares in the last quarter. Finally, Pettyjohn Wood & White Inc. boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 12.1% during the 1st quarter. Pettyjohn Wood & White Inc. now owns 19,688 shares of the company’s stock worth $1,585,000 after buying an additional 2,131 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.2 %

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.30 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $75.76 and a one year high of $84.25. The business has a 50-day simple moving average of $82.73 and a 200 day simple moving average of $81.36.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a dividend of $0.3166 per share. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. The ex-dividend date was Friday, November 1st. This represents a $3.80 annualized dividend and a dividend yield of 4.67%.

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.