Bay Rivers Group Acquires 3,253 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Bay Rivers Group boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 6.6% during the third quarter, Holdings Channel reports. The fund owned 52,522 shares of the company’s stock after acquiring an additional 3,253 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 2.2% of Bay Rivers Group’s holdings, making the stock its 20th biggest holding. Bay Rivers Group’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,399,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VCIT. Vaughan Nelson Investment Management L.P. lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 22.3% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 5,435 shares of the company’s stock valued at $438,000 after buying an additional 990 shares during the period. Hedeker Wealth LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 9.3% in the 1st quarter. Hedeker Wealth LLC now owns 3,396 shares of the company’s stock valued at $273,000 after acquiring an additional 290 shares during the last quarter. Monument Capital Management raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 43.0% in the 1st quarter. Monument Capital Management now owns 59,472 shares of the company’s stock valued at $4,788,000 after acquiring an additional 17,869 shares during the period. Valeo Financial Advisors LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 24.6% during the 1st quarter. Valeo Financial Advisors LLC now owns 17,782 shares of the company’s stock worth $1,432,000 after acquiring an additional 3,514 shares during the last quarter. Finally, Leeward Financial Partners LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 1.4% during the first quarter. Leeward Financial Partners LLC now owns 20,633 shares of the company’s stock valued at $1,661,000 after purchasing an additional 278 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.1 %

NASDAQ:VCIT traded down $0.07 during trading hours on Tuesday, hitting $81.54. The stock had a trading volume of 3,059,043 shares, compared to its average volume of 6,995,593. The business’s 50 day moving average is $83.04 and its 200-day moving average is $81.14. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $74.32 and a one year high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were given a $0.301 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29.

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.