Pure Financial Advisors LLC Increases Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Pure Financial Advisors LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 259.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 14,849 shares of the company’s stock after buying an additional 10,713 shares during the quarter. Pure Financial Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,214,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Wealth Effects LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 52.8% in the 1st quarter. Wealth Effects LLC now owns 5,968 shares of the company’s stock worth $488,000 after purchasing an additional 2,061 shares in the last quarter. Inman Jager Wealth Management LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 25.3% during the 1st quarter. Inman Jager Wealth Management LLC now owns 12,377 shares of the company’s stock valued at $1,012,000 after purchasing an additional 2,501 shares in the last quarter. Golden State Wealth Management LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 95.3% in the first quarter. Golden State Wealth Management LLC now owns 3,831 shares of the company’s stock worth $314,000 after buying an additional 1,869 shares during the last quarter. First Pacific Financial increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.2% in the 1st quarter. First Pacific Financial now owns 297,326 shares of the company’s stock valued at $24,309,000 after acquiring an additional 9,292 shares during the period. Finally, Riverbend Wealth Management LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 1.9% in the 1st quarter. Riverbend Wealth Management LLC now owns 18,812 shares of the company’s stock worth $1,538,000 after acquiring an additional 359 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.3%

Shares of VCIT opened at $82.67 on Friday. The stock has a 50-day moving average of $81.30 and a two-hundred day moving average of $80.99. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $78.66 and a one year high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd were paid a $0.328 dividend. This represents a $3.94 annualized dividend and a dividend yield of 4.76%. 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.

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.