Brighton Jones LLC Purchases New Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Brighton Jones LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the second quarter, Holdings Channel reports. The fund purchased 4,013 shares of the company’s stock, valued at approximately $333,000.

A number of other institutional investors and hedge funds have also made changes to their positions in VCIT. Allspring Global Investments Holdings LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 196.0% in the first quarter. Allspring Global Investments Holdings LLC now owns 25,337 shares of the company’s stock valued at $2,072,000 after acquiring an additional 16,776 shares in the last quarter. Grandview Asset Management LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 5.1% in the 2nd quarter. Grandview Asset Management LLC now owns 13,352 shares of the company’s stock valued at $1,107,000 after purchasing an additional 643 shares during the last quarter. Sage Rhino Capital LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.6% in the 2nd quarter. Sage Rhino Capital LLC now owns 89,152 shares of the company’s stock valued at $7,392,000 after purchasing an additional 494 shares during the last quarter. HB Wealth Management LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at $479,000. Finally, CWA Asset Management Group LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 16.4% in the 2nd quarter. CWA Asset Management Group LLC now owns 376,436 shares of the company’s stock valued at $31,214,000 after purchasing an additional 53,098 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT opened at $84.16 on Friday. The company’s 50 day simple moving average is $84.09 and its two-hundred day simple moving average is $82.62. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $78.66 and a 1-year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st were paid a dividend of $0.326 per share. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 4.6%.

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.