Hedeker Wealth LLC Buys 290 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Hedeker Wealth LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 9.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,396 shares of the company’s stock after buying an additional 290 shares during the period. Hedeker Wealth LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $273,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Creekmur Asset Management LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at approximately $26,000. Tidemark LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at approximately $30,000. Mather Group LLC. purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the first quarter valued at approximately $30,000. Opal Wealth Advisors LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the first quarter valued at approximately $33,000. Finally, Evolution Advisers Inc. purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at approximately $35,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ VCIT traded up $0.17 during midday trading on Wednesday, reaching $79.81. The stock had a trading volume of 296,720 shares, compared to its average volume of 7,371,518. The stock has a 50-day moving average of $79.57 and a 200-day moving average of $79.94. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $73.78 and a 12-month high of $81.65.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st will be paid a $0.2887 dividend. The ex-dividend date of this dividend is Monday, July 1st.

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.