Verde Capital Management Has $5.42 Million Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Verde Capital Management lowered its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCITFree Report) by 11.5% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 65,473 shares of the company’s stock after selling 8,499 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises 1.2% of Verde Capital Management’s portfolio, making the stock its 16th largest holding. Verde Capital Management’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $5,418,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VCIT. Brighton Jones LLC lifted its stake in shares of 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 worth $716,000 after buying an additional 4,627 shares during the last quarter. Daiwa Securities Group Inc. grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 4.4% in the 2nd quarter. Daiwa Securities Group Inc. now owns 54,690 shares of the company’s stock valued at $4,535,000 after buying an additional 2,300 shares during the last quarter. Qube Research & Technologies Ltd raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 67.1% in the 2nd quarter. Qube Research & Technologies Ltd now owns 298,502 shares of the company’s stock worth $24,752,000 after acquiring an additional 119,837 shares during the period. Squarepoint Ops LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 347.4% in the 2nd quarter. Squarepoint Ops LLC now owns 15,132 shares of the company’s stock worth $1,255,000 after acquiring an additional 11,750 shares during the period. Finally, Main Street Financial Solutions LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 8.6% during the 2nd quarter. Main Street Financial Solutions LLC now owns 18,100 shares of the company’s stock worth $1,501,000 after acquiring an additional 1,433 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $82.29 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $81.43 and a fifty-two week high of $84.84. The firm has a fifty day moving average price of $82.61 and a two-hundred day moving average price of $83.29.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were given a dividend of $0.3412 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 5.0%. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33.

Vanguard Intermediate-Term Corporate Bond ETF Profile

(Free Report)

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. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.

See Also

Institutional Ownership by Quarter for Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

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