Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Acquired by Richmond Investment Services LLC

Richmond Investment Services LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 136.6% during the 1st quarter, Holdings Channel reports. The fund owned 15,883 shares of the company’s stock after buying an additional 9,171 shares during the quarter. Richmond Investment Services LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,314,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. HHM Wealth Advisors LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the first quarter valued at about $29,000. Brown Brothers Harriman & Co. raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 136.1% during the fourth quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock worth $29,000 after purchasing an additional 200 shares during the period. Richards Merrill & Peterson Inc. acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at about $30,000. Monetary Solutions Ltd acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at about $30,000. Finally, Chapman Financial Group LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at approximately $31,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.95 on Wednesday. The firm has a 50 day simple moving average of $82.44 and a 200-day simple moving average of $83.18. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $81.43 and a 1-year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were given a $0.3319 dividend. The ex-dividend date was Wednesday, July 1st.

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.