Independent Financial Group LLC Invests $2.57 Million in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Independent Financial Group LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCITFree Report) in the 1st quarter, HoldingsChannel reports. The fund acquired 31,051 shares of the company’s stock, valued at approximately $2,570,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. DecisionPoint Financial LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 2.9% during the 4th quarter. DecisionPoint Financial LLC now owns 539,643 shares of the company’s stock worth $45,195,000 after purchasing an additional 15,021 shares in the last quarter. First Horizon Corp raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 323.9% in the 4th quarter. First Horizon Corp now owns 11,648 shares of the company’s stock valued at $976,000 after purchasing an additional 8,900 shares in the last quarter. Peak Financial Management Inc. boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.2% in the 4th quarter. Peak Financial Management Inc. now owns 153,930 shares of the company’s stock valued at $12,892,000 after buying an additional 6,194 shares during the period. Constellation Investments Inc. boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 57.0% in the 4th quarter. Constellation Investments Inc. now owns 1,746,325 shares of the company’s stock valued at $146,255,000 after buying an additional 633,750 shares during the period. Finally, Counterweight Ventures LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 13.3% in the 4th quarter. Counterweight Ventures LLC now owns 61,155 shares of the company’s stock valued at $5,122,000 after buying an additional 7,179 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.94 on Friday. The business has a 50-day simple moving average of $82.28 and a 200-day simple moving average of $83.07. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $81.43 and a one year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were paid a $0.3319 dividend. The ex-dividend date was Wednesday, July 1st.

About Vanguard Intermediate-Term Corporate Bond ETF

(Free Report)

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. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.

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Institutional Ownership by Quarter for Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

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