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

Arista Wealth Management LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 6.2% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 503,000 shares of the company’s stock after acquiring an additional 29,458 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises about 10.1% of Arista Wealth Management LLC’s holdings, making the stock its 4th biggest holding. Arista Wealth Management LLC owned 0.08% of Vanguard Intermediate-Term Corporate Bond ETF worth $42,126,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VCIT. Bull Oak Capital LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth approximately $27,000. Sound Income Strategies LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 73.9% during the 3rd quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock worth $30,000 after purchasing an additional 150 shares during the last quarter. Pineridge Advisors LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 57.3% during the first quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock worth $33,000 after buying an additional 150 shares in the last quarter. American National Bank grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 70.7% during the second quarter. American National Bank now owns 471 shares of the company’s stock worth $38,000 after buying an additional 195 shares in the last quarter. Finally, Lynx Investment Advisory acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at about $42,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT opened at $81.14 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $75.64 and a twelve month high of $84.25. The firm’s 50-day moving average price is $82.88 and its 200 day moving average price is $81.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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