Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Hits New 52-Week High – Here’s What Happened

Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) hit a new 52-week high on Friday . The stock traded as high as $84.84 and last traded at $84.8050, with a volume of 5231821 shares. The stock had previously closed at $84.68.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.0%

The firm has a 50-day simple moving average of $84.01 and a 200 day simple moving average of $83.97.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were paid a dividend of $0.33 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.7%.

Institutional Trading of Vanguard Intermediate-Term Corporate Bond ETF

Hedge funds have recently made changes to their positions in the stock. Arwa LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at approximately $432,000. Financially in Tune LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth $314,000. BDFS Capital LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth $677,000. Tempo Wealth LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at $245,000. Finally, Westshore Wealth LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 11.3% in the 4th quarter. Westshore Wealth LLC now owns 9,055 shares of the company’s stock worth $758,000 after purchasing an additional 919 shares during the last quarter.

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. 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.