Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Bought by Independence Asset Advisors LLC

Independence Asset Advisors LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 11.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,211 shares of the company’s stock after purchasing an additional 2,200 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 41.0% of Independence Asset Advisors LLC’s holdings, making the stock its biggest holding. Independence Asset Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,702,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Towerpoint Wealth LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.9% during the 1st quarter. Towerpoint Wealth LLC now owns 233,568 shares of the company’s stock worth $18,805,000 after purchasing an additional 8,830 shares in the last quarter. Hurlow Wealth Management Group Inc. increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 6.6% in the 1st quarter. Hurlow Wealth Management Group Inc. now owns 89,121 shares of the company’s stock valued at $7,175,000 after acquiring an additional 5,486 shares in the last quarter. SMI Advisory Services LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter valued at about $11,456,000. Cascade Wealth Advisors Inc acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter valued at about $1,283,000. Finally, Brookstone Capital Management increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 3.1% in the 1st quarter. Brookstone Capital Management now owns 23,042 shares of the company’s stock valued at $1,855,000 after acquiring an additional 692 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.2 %

VCIT traded down $0.17 during midday trading on Friday, hitting $80.04. The company had a trading volume of 2,794,818 shares, compared to its average volume of 7,469,214. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $73.78 and a twelve month high of $81.65. The firm’s 50-day simple moving average is $79.48 and its 200-day simple moving average is $79.94.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, June 5th. Shareholders of record on Monday, June 3rd were given a $0.2992 dividend. The ex-dividend date of this dividend was Monday, June 3rd. This is a boost 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.