Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) is Financial Advisory Partners LLC’s Largest Position

Financial Advisory Partners LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 20.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 501,743 shares of the company’s stock after acquiring an additional 83,952 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 14.0% of Financial Advisory Partners LLC’s investment portfolio, making the stock its biggest holding. Financial Advisory Partners LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $42,021,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Matrix Trust Co lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 13.4% during the third quarter. Matrix Trust Co now owns 88,505 shares of the company’s stock valued at $7,412,000 after purchasing an additional 10,466 shares in the last quarter. Cypress Wealth Services LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 6.2% in the 3rd quarter. Cypress Wealth Services LLC now owns 44,093 shares of the company’s stock worth $3,693,000 after buying an additional 2,579 shares during the last quarter. Sanibel Captiva Trust Company Inc. increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 54.8% during the 3rd quarter. Sanibel Captiva Trust Company Inc. now owns 88,670 shares of the company’s stock worth $7,426,000 after buying an additional 31,377 shares in the last quarter. Hexagon Capital Partners LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.9% in the third quarter. Hexagon Capital Partners LLC now owns 22,282 shares of the company’s stock valued at $1,866,000 after acquiring an additional 638 shares in the last quarter. Finally, CWM LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 26.3% in the third quarter. CWM LLC now owns 12,820 shares of the company’s stock worth $1,074,000 after acquiring an additional 2,673 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.0 %

NASDAQ VCIT traded down $0.01 during mid-day trading on Thursday, hitting $82.42. The stock had a trading volume of 1,777,156 shares, compared to its average volume of 6,974,288. The firm’s 50 day moving average is $83.01 and its 200 day moving average is $80.91. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $73.78 and a twelve month high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were paid a $0.301 dividend. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.