Tide Cove Capital Partners LLC Takes $4.57 Million Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Tide Cove Capital Partners LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 57,653 shares of the company’s stock, valued at approximately $4,566,000. Vanguard Intermediate-Term Corporate Bond ETF comprises about 3.2% of Tide Cove Capital Partners LLC’s investment portfolio, making the stock its 12th largest position.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Providence Capital Advisors LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth $25,000. Bull Oak Capital LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth about $27,000. Sound Income Strategies LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 73.9% during the 3rd quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock valued at $30,000 after acquiring an additional 150 shares in the last quarter. MidAtlantic Capital Management Inc. acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at about $65,000. Finally, GAMMA Investing LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth approximately $65,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $80.56 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $77.80 and a 1-year high of $84.25. The stock’s 50 day simple moving average is $80.84 and its 200-day simple moving average is $81.77.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were issued a $0.3119 dividend. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.30. The ex-dividend date was Tuesday, December 24th.

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.