Newton One Investments LLC Buys 12,171 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Newton One Investments LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 2.8% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 445,885 shares of the company’s stock after purchasing an additional 12,171 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises about 13.0% of Newton One Investments LLC’s portfolio, making the stock its 2nd biggest holding. Newton One Investments LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $36,456,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in VCIT. Greenspring Advisors LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.7% in the 1st quarter. Greenspring Advisors LLC now owns 7,600 shares of the company’s stock valued at $621,000 after purchasing an additional 126 shares in the last quarter. Vaughan Nelson Investment Management L.P. boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.7% in the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 5,050 shares of the company’s stock valued at $413,000 after purchasing an additional 135 shares in the last quarter. Petra Financial Advisors Inc. boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.7% in the 4th quarter. Petra Financial Advisors Inc. now owns 22,611 shares of the company’s stock valued at $1,815,000 after purchasing an additional 156 shares in the last quarter. Signaturefd LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 14.1% in the 4th quarter. Signaturefd LLC now owns 1,366 shares of the company’s stock valued at $110,000 after purchasing an additional 169 shares in the last quarter. Finally, Fiduciary Alliance LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.3% in the 1st quarter. Fiduciary Alliance LLC now owns 5,292 shares of the company’s stock valued at $433,000 after purchasing an additional 170 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT opened at $81.71 on Wednesday. The company’s 50 day moving average is $81.04 and its 200-day moving average is $80.98. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $78.66 and a 1-year high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

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.