Brookstone Capital Management Increases Stake in Vanguard Intermediate-Term Corporate Bond ETF

Brookstone Capital Management has significantly increased its investment in the Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 39.8% during the fourth quarter of 2024. According to the firm’s latest 13F filing with the Securities and Exchange Commission (SEC), Brookstone now holds 43,401 shares of this ETF, which reflects an acquisition of an additional 12,357 shares during the period. The total value of Brookstone Capital Management's position in the ETF is estimated at $3,484,000 based on the most recent SEC filing.

In addition to Brookstone, several other institutional investors and hedge funds have adjusted their holdings in the Vanguard Intermediate-Term Corporate Bond ETF. For instance, Friedenthal Financial raised its stake by 0.6% in the third quarter, bringing its total to 22,241 shares valued at approximately $1,863,000 after acquiring an additional 124 shares. Similarly, Trustmark National Bank Trust Department increased its holdings by 0.9%, now owning 14,299 shares worth around $1,198,000, which includes an extra 134 shares purchased during the same period. Vicus Capital also added to its position by 0.7%, now controlling 20,489 shares valued at $1,716,000 after buying 135 additional shares. Furthermore, Kingsview Wealth Management LLC raised its investment in the ETF by 0.8%, bringing its total to 16,824 shares, which are valued at $1,409,000 after acquiring 139 additional shares. Sound Income Strategies LLC also made significant changes, raising its stake by 73.9%, now owning 353 shares valued at approximately $30,000 after purchasing an additional 150 shares.

Current Trading Status of Vanguard Intermediate-Term Corporate Bond ETF

As of the latest trading session, Vanguard Intermediate-Term Corporate Bond ETF opened at $79.25. The ETF has seen a 52-week low of $77.80 and a high of $84.25. The 50-day simple moving average is currently $80.94, while the 200-day simple moving average stands at $81.76.

Dividend Announcement by Vanguard Intermediate-Term Corporate Bond ETF

The Vanguard Intermediate-Term Corporate Bond ETF recently declared a dividend of $0.3119, which was distributed on December 27th, 2024. Shareholders on record as of December 24th were eligible for this dividend, which reflects an increase from the previous dividend of $0.30.

About Vanguard Intermediate-Term Corporate Bond ETF

This ETF aims to replicate the performance of the Barclays Capital U.S. 5-10 Year Corporate Bond Index, which is a component of the broader Barclays Capital U.S. Aggregate Float Adjusted Index. The index assesses the investment returns from U.S. corporate bonds that fall within the 5-10 year maturity range.

Brookstone, Investment, ETF