Verisail Partners LLC Makes New $429,000 Investment in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Verisail Partners LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,339 shares of the company’s stock, valued at approximately $429,000. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 0.2% of Verisail Partners LLC’s investment portfolio, making the stock its 27th largest position.

Other institutional investors have also recently modified their holdings of the company. Truvestments Capital LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 145.6% in the fourth quarter. Truvestments Capital LLC now owns 334 shares of the company’s stock valued at $27,000 after purchasing an additional 198 shares during the last quarter. Tortoise Investment Management LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at about $28,000. Midwest Capital Advisors LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth about $33,000. Nvwm LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 42.6% during the fourth quarter. Nvwm LLC now owns 499 shares of the company’s stock worth $40,000 after acquiring an additional 149 shares during the period. Finally, Sound Income Strategies LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 50.7% during the fourth quarter. Sound Income Strategies LLC now owns 532 shares of the company’s stock valued at $43,000 after acquiring an additional 179 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCIT opened at $80.41 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $77.80 and a 12-month high of $84.26. The business has a 50 day moving average of $81.13 and a two-hundred day moving average of $81.21.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st were paid a $0.3189 dividend. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. This represents a $3.83 annualized dividend and a dividend yield of 4.76%. The ex-dividend date of this dividend was Tuesday, April 1st.

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.