Oak Hill Wealth Advisors LLC Raises Stock Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Oak Hill Wealth Advisors LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 2.5% during the 1st quarter, HoldingsChannel reports. The firm owned 133,262 shares of the company’s stock after buying an additional 3,249 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises 2.5% of Oak Hill Wealth Advisors LLC’s holdings, making the stock its 12th largest position. Oak Hill Wealth Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $10,895,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Truvestments Capital LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 145.6% during the 4th quarter. Truvestments Capital LLC now owns 334 shares of the company’s stock valued at $27,000 after acquiring an additional 198 shares during the period. Tortoise Investment Management LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at $28,000. Transce3nd LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at $35,000. Noble Wealth Management PBC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter valued at $38,000. Finally, Chapman Financial Group LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at $44,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT stock opened at $82.41 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $78.66 and a 1 year high of $84.26. The firm has a fifty day moving average price of $81.26 and a 200-day moving average price of $80.99.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd were given 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. The ex-dividend date was Monday, June 2nd. This represents a $3.94 dividend on an annualized basis and a dividend yield of 4.78%.

Vanguard Intermediate-Term Corporate Bond ETF Company 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.