Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Purchased by PVG Asset Management Corp

PVG Asset Management Corp raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 321.3% in the first quarter, Holdings Channel reports. The fund owned 38,978 shares of the company’s stock after acquiring an additional 29,726 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 2.3% of PVG Asset Management Corp’s holdings, making the stock its 8th biggest position. PVG Asset Management Corp’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,216,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. HHM Wealth Advisors LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter worth about $29,000. Brown Brothers Harriman & Co. lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 136.1% during the 4th quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock valued at $29,000 after purchasing an additional 200 shares during the last quarter. Richards Merrill & Peterson Inc. bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at about $30,000. Monetary Solutions Ltd acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at about $30,000. Finally, Chapman Financial Group LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth about $31,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ VCIT opened at $81.26 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $81.04 and a 1-year high of $84.84. The company has a 50 day moving average of $82.11 and a 200-day moving average of $82.89.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

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