Baker Ellis Asset Management LLC Acquires 6,000 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Baker Ellis Asset Management LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 73.2% during the 1st quarter, HoldingsChannel reports. The fund owned 14,200 shares of the company’s stock after purchasing an additional 6,000 shares during the quarter. Baker Ellis Asset Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,161,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Brighton Jones LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 107.9% in the fourth quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock valued at $716,000 after buying an additional 4,627 shares during the period. Union Bancaire Privee UBP SA bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth about $14,938,000. Wilmington Savings Fund Society FSB grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.5% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 5,325 shares of the company’s stock worth $427,000 after buying an additional 182 shares in the last quarter. Savant Capital LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 110.9% in the fourth quarter. Savant Capital LLC now owns 19,829 shares of the company’s stock valued at $1,592,000 after purchasing an additional 10,427 shares in the last quarter. Finally, Focus Financial Network Inc. bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at approximately $299,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT stock opened at $81.62 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $78.66 and a twelve month high of $84.26. The business has a 50 day moving average price of $80.93 and a two-hundred day moving average price of $80.99.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd were paid a dividend of $0.328 per share. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. This represents a $3.94 annualized dividend and a dividend yield of 4.82%. The ex-dividend date was Monday, June 2nd.

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.