Reicon Wealth Advisors LLC Makes New Investment in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Reicon Wealth Advisors LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 38,154 shares of the company’s stock, valued at approximately $3,195,000. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 2.3% of Reicon Wealth Advisors LLC’s portfolio, making the stock its 4th biggest position.

Several other institutional investors have also added to or reduced their stakes in VCIT. DecisionPoint Financial LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.9% in the fourth quarter. DecisionPoint Financial LLC now owns 539,643 shares of the company’s stock worth $45,195,000 after purchasing an additional 15,021 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 67.6% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 23,827 shares of the company’s stock worth $2,004,000 after purchasing an additional 9,607 shares during the last quarter. Bishop & Co Investment Management LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.0% in the third quarter. Bishop & Co Investment Management LLC now owns 479,730 shares of the company’s stock worth $40,350,000 after purchasing an additional 31,395 shares during the last quarter. Coyle Financial Counsel LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 17.1% during the third quarter. Coyle Financial Counsel LLC now owns 173,219 shares of the company’s stock valued at $14,569,000 after acquiring an additional 25,336 shares in the last quarter. Finally, Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter valued at approximately $715,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.1%

VCIT stock traded up $0.09 during trading on Thursday, hitting $82.74. 960,791 shares of the company traded hands, compared to its average volume of 13,043,381. The stock’s 50-day simple moving average is $83.25 and its 200 day simple moving average is $83.74. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $80.42 and a 1 year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Announces Dividend

The business also recently declared a dividend, which was paid on Monday, April 6th. Investors of record on Wednesday, April 1st were given a dividend of $0.3438 per share. The ex-dividend date was Wednesday, April 1st.

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.