Pioneer Wealth Management Group Purchases 17,418 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Pioneer Wealth Management Group grew its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 5.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 334,618 shares of the company’s stock after buying an additional 17,418 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 8.5% of Pioneer Wealth Management Group’s investment portfolio, making the stock its 4th largest position. Pioneer Wealth Management Group’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $28,024,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Caldwell Trust Co purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter worth approximately $25,000. Chapman Financial Group LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at $31,000. United Financial Planning Group LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at $34,000. Abich Financial Wealth Management LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at $35,000. Finally, Delos Wealth Advisors LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at $37,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.2%

Shares of VCIT stock opened at $82.39 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $78.66 and a 1-year high of $84.84. The company has a 50-day moving average of $83.79 and a two-hundred day moving average of $83.96.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a dividend of $0.3026 per share. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Monday, March 2nd.

About Vanguard Intermediate-Term Corporate Bond ETF

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.