Saxon Interests Inc. Takes $292,000 Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Saxon Interests Inc. acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the fourth quarter, Holdings Channel reports. The firm acquired 3,591 shares of the company’s stock, valued at approximately $292,000.

Several other large investors have also recently added to or reduced their stakes in VCIT. Divergent Planning LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.3% during the fourth quarter. Divergent Planning LLC now owns 238,968 shares of the company’s stock worth $19,323,000 after acquiring an additional 7,577 shares during the period. Evergreen Advisors LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 2.2% during the 3rd quarter. Evergreen Advisors LLC now owns 420,429 shares of the company’s stock worth $31,944,000 after purchasing an additional 8,866 shares during the period. Facet Wealth Inc. raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 11.9% in the 3rd quarter. Facet Wealth Inc. now owns 788,101 shares of the company’s stock valued at $58,674,000 after purchasing an additional 84,059 shares in the last quarter. Drive Wealth Management LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 50.5% in the 3rd quarter. Drive Wealth Management LLC now owns 20,200 shares of the company’s stock valued at $1,535,000 after buying an additional 6,782 shares during the period. Finally, Simon Quick Advisors LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.3% during the third quarter. Simon Quick Advisors LLC now owns 13,069 shares of the company’s stock worth $993,000 after buying an additional 297 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.1 %

NASDAQ:VCIT traded down $0.05 during mid-day trading on Thursday, hitting $80.51. The stock had a trading volume of 8,503,203 shares, compared to its average volume of 8,524,387. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $73.78 and a twelve month high of $81.65. The stock has a 50-day simple moving average of $80.16 and a two-hundred day simple moving average of $78.56.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 6th. Stockholders of record on Monday, March 4th were issued a $0.2732 dividend. The ex-dividend date was Friday, March 1st. This represents a $3.28 dividend on an annualized basis and a dividend yield of 4.07%.

Vanguard Intermediate-Term Corporate Bond ETF Company 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.