Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) is Arista Wealth Management LLC’s 4th Largest Position

Arista Wealth Management LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 6.2% during the 3rd quarter, Holdings Channel reports. The fund owned 503,000 shares of the company’s stock after buying an additional 29,458 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises 10.1% of Arista Wealth Management LLC’s portfolio, making the stock its 4th largest holding. Arista Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $42,126,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of VCIT. Bull Oak Capital LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at approximately $27,000. Sound Income Strategies LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 73.9% during the third quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock worth $30,000 after acquiring an additional 150 shares during the last quarter. Pineridge Advisors LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 57.3% in the first quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock valued at $33,000 after purchasing an additional 150 shares during the period. American National Bank lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 70.7% in the 2nd quarter. American National Bank now owns 471 shares of the company’s stock valued at $38,000 after purchasing an additional 195 shares during the last quarter. Finally, Lynx Investment Advisory purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth $42,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCIT opened at $81.14 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $75.64 and a 12-month high of $84.25. The business has a 50-day moving average price of $82.88 and a 200 day moving average price of $81.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st will be given a dividend of $0.3166 per share. The ex-dividend date is Friday, November 1st. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. This represents a $3.80 dividend on an annualized basis and a dividend yield of 4.68%.

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.