Brighton Jones LLC Invests $371,000 in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Brighton Jones LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 4,642 shares of the company’s stock, valued at approximately $371,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Concorde Asset Management LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 17.5% during the 2nd quarter. Concorde Asset Management LLC now owns 3,895 shares of the company’s stock worth $311,000 after buying an additional 580 shares in the last quarter. Glass Jacobson Investment Advisors llc lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.0% during the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 16,938 shares of the company’s stock worth $1,354,000 after purchasing an additional 812 shares during the last quarter. Chandler Asset Management Inc. lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.3% during the 2nd quarter. Chandler Asset Management Inc. now owns 12,175 shares of the company’s stock worth $973,000 after purchasing an additional 275 shares during the last quarter. Blair William & Co. IL raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 128.3% in the second quarter. Blair William & Co. IL now owns 60,904 shares of the company’s stock valued at $4,868,000 after buying an additional 34,225 shares during the last quarter. Finally, DecisionPoint Financial LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 4.1% in the second quarter. DecisionPoint Financial LLC now owns 434,913 shares of the company’s stock valued at $35,528,000 after buying an additional 17,157 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT stock opened at $83.94 on Monday. The stock’s 50-day simple moving average is $82.39 and its 200-day simple moving average is $80.62. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $73.78 and a fifty-two week high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were issued a $0.301 dividend. The ex-dividend date was Tuesday, September 3rd. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29.

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.