Agate Pass Investment Management LLC Increases Stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Agate Pass Investment Management LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 10.6% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 16,575 shares of the company’s stock after acquiring an additional 1,589 shares during the period. Agate Pass Investment Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,325,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Creekmur Asset Management LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at $26,000. Tidemark LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at approximately $30,000. Mather Group LLC. purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the first quarter valued at approximately $30,000. Opal Wealth Advisors LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter worth approximately $33,000. Finally, Pineridge Advisors LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 57.3% in the 1st quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock worth $33,000 after purchasing an additional 150 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.5 %

Shares of VCIT traded up $0.42 during mid-day trading on Tuesday, reaching $82.38. 4,895,270 shares of the stock traded hands, compared to its average volume of 7,027,867. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $73.78 and a 1 year high of $82.53. The firm has a fifty day moving average price of $80.67 and a 200 day moving average price of $80.00.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, August 5th. Investors of record on Thursday, August 1st were given a dividend of $0.3011 per share. This represents a $3.61 annualized dividend and a yield of 4.39%. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date of this dividend was Thursday, August 1st.

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.