TBH Global Asset Management LLC Increases Stock Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

TBH Global Asset Management LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 2.6% in the first quarter, HoldingsChannel reports. The firm owned 17,118 shares of the company’s stock after buying an additional 429 shares during the quarter. TBH Global Asset Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,378,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Stokes Family Office LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 37.1% during the fourth quarter. Stokes Family Office LLC now owns 24,052 shares of the company’s stock valued at $1,955,000 after purchasing an additional 6,506 shares during the last quarter. Divergent Planning LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 3.3% during the fourth quarter. Divergent Planning LLC now owns 238,968 shares of the company’s stock valued at $19,323,000 after purchasing an additional 7,577 shares during the period. Redmont Wealth Advisors LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 24.1% in the 4th quarter. Redmont Wealth Advisors LLC now owns 27,618 shares of the company’s stock valued at $2,245,000 after purchasing an additional 5,368 shares during the last quarter. Total Clarity Wealth Management Inc. purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth approximately $316,000. Finally, Crewe Advisors LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 369.3% during the 4th quarter. Crewe Advisors LLC now owns 11,208 shares of the company’s stock valued at $911,000 after purchasing an additional 8,820 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.3 %

VCIT traded down $0.25 during trading on Thursday, reaching $80.95. The company had a trading volume of 6,450,351 shares, compared to its average volume of 7,205,488. The business has a 50 day simple moving average of $80.01 and a 200-day simple moving average of $79.91. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $73.78 and a 52 week high of $81.65.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st were issued a $0.2887 dividend. The ex-dividend date of this dividend was Monday, July 1st.

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.