Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) is Towerpoint Wealth LLC’s 3rd Largest Position

Towerpoint Wealth LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 233,568 shares of the company’s stock after purchasing an additional 8,830 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up about 9.4% of Towerpoint Wealth LLC’s investment portfolio, making the stock its 3rd largest holding. Towerpoint Wealth LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $18,805,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. O Shaughnessy Asset Management LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 131.5% in the third quarter. O Shaughnessy Asset Management LLC now owns 1,072 shares of the company’s stock valued at $81,000 after acquiring an additional 609 shares during the period. Mutual Advisors LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.6% during the 3rd quarter. Mutual Advisors LLC now owns 26,980 shares of the company’s stock valued at $2,050,000 after buying an additional 417 shares in the last quarter. Weik Capital Management grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.5% during the 3rd quarter. Weik Capital Management now owns 14,656 shares of the company’s stock valued at $1,114,000 after acquiring an additional 218 shares during the period. Three Bridge Wealth Advisors LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth approximately $211,000. Finally, Trustmark National Bank Trust Department lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 3.3% during the third quarter. Trustmark National Bank Trust Department now owns 14,787 shares of the company’s stock valued at $1,124,000 after purchasing an additional 479 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ VCIT traded up $0.15 during midday trading on Thursday, reaching $80.21. The stock had a trading volume of 5,350,148 shares, compared to its average volume of 7,507,217. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $73.78 and a 12-month high of $81.65. The stock has a 50-day moving average of $79.48 and a 200-day moving average of $79.94.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, June 5th. Shareholders of record on Monday, June 3rd were paid a $0.2992 dividend. The ex-dividend date was Monday, June 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 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.