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

Financial Freedom LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 5.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 210,257 shares of the company’s stock after purchasing an additional 10,597 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises about 8.9% of Financial Freedom LLC’s portfolio, making the stock its largest holding. Financial Freedom LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $16,877,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Providence Capital Advisors LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth approximately $25,000. Bull Oak Capital LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at approximately $27,000. Sound Income Strategies LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 73.9% in the third quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock valued at $30,000 after purchasing an additional 150 shares during the period. MidAtlantic Capital Management Inc. purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at approximately $65,000. Finally, GAMMA Investing LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at approximately $65,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCIT opened at $80.23 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $77.80 and a 52-week high of $84.25. The business’s 50 day moving average is $80.86 and its two-hundred day moving average is $81.76.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were given a $0.3119 dividend. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.30. The ex-dividend date was Tuesday, December 24th.

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.