WESCAP Management Group Inc. Buys New Stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

WESCAP Management Group Inc. bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 74,926 shares of the company’s stock, valued at approximately $6,090,000. Vanguard Intermediate-Term Corporate Bond ETF comprises 2.0% of WESCAP Management Group Inc.’s holdings, making the stock its 15th biggest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Axxcess Wealth Management LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 11.8% in the 4th quarter. Axxcess Wealth Management LLC now owns 25,384 shares of the company’s stock valued at $2,063,000 after buying an additional 2,685 shares during the last quarter. Power Wealth Management LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth $4,414,000. Alterna Wealth Management Inc. bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth about $240,000. Stokes Family Office LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 37.1% during the 4th quarter. Stokes Family Office LLC now owns 24,052 shares of the company’s stock worth $1,955,000 after acquiring an additional 6,506 shares during the period. Finally, Benjamin F. Edwards & Company Inc. lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 34.3% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 485,940 shares of the company’s stock valued at $39,498,000 after purchasing an additional 124,027 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.6 %

VCIT stock traded up $0.46 during trading on Friday, hitting $79.26. 6,946,854 shares of the stock traded hands, compared to its average volume of 8,051,373. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $73.78 and a one year high of $81.65. The company has a 50 day simple moving average of $79.46 and a 200 day simple moving average of $79.07.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, May 6th. Investors of record on Thursday, May 2nd will be issued a dividend of $0.2919 per share. The ex-dividend date is Wednesday, May 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.