Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Acquired by DecisionPoint Financial LLC

Posted by Caroline Horne on Apr 17th, 2024

DecisionPoint Financial LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT – Free Report) by 6.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 404,398 shares of the company’s stock after purchasing an additional 23,366 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises 14.1% of DecisionPoint Financial LLC’s investment portfolio, making the stock its 2nd biggest position. DecisionPoint Financial LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $32,869,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. MAS Advisors LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.5% during the first quarter. MAS Advisors LLC now owns 17,908 shares of the company’s stock valued at $1,540,000 after acquiring an additional 926 shares during the last quarter. BlackRock Inc. raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 2.4% in the 1st quarter. BlackRock Inc. now owns 213,745 shares of the company’s stock valued at $18,391,000 after purchasing an additional 4,938 shares during the last quarter. Sei Investments Co. purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter valued at $220,000. Baird Financial Group Inc. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 5.1% during the 1st quarter. Baird Financial Group Inc. now owns 301,845 shares of the company’s stock worth $25,970,000 after purchasing an additional 14,743 shares during the last quarter. Finally, Zions Bancorporation N.A. purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth $221,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCIT traded up $0.46 during mid-day trading on Wednesday, reaching $78.45. The company’s stock had a trading volume of 6,706,783 shares, compared to its average volume of 8,093,581. The stock has a 50-day moving average of $79.81 and a two-hundred day moving average of $78.83. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $73.78 and a 1-year high of $81.65.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were paid a dividend of $0.2944 per share. The ex-dividend date was Monday, April 1st. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.28.

Vanguard Intermediate-Term Corporate Bond ETF Company Profile

(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.