North Forty Two & Co. Acquires New Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

North Forty Two & Co. acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 24,672 shares of the company’s stock, valued at approximately $1,980,000. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 2.3% of North Forty Two & Co.’s investment portfolio, making the stock its 13th largest holding.

Several other hedge funds also recently bought and sold shares of the company. Brooklyn FI LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 6,309.7% during the fourth quarter. Brooklyn FI LLC now owns 414,262 shares of the company’s stock valued at $33,817,000 after purchasing an additional 407,799 shares during the last quarter. Clarity Wealth Development LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth $1,649,000. Petra Financial Advisors Inc. increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.7% in the fourth quarter. Petra Financial Advisors Inc. now owns 22,611 shares of the company’s stock valued at $1,815,000 after acquiring an additional 156 shares during the last quarter. Axxcess Wealth Management LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 1.4% during the fourth quarter. Axxcess Wealth Management LLC now owns 24,334 shares of the company’s stock worth $1,953,000 after purchasing an additional 342 shares during the last quarter. Finally, Signaturefd LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 14.1% during the fourth quarter. Signaturefd LLC now owns 1,366 shares of the company’s stock worth $110,000 after purchasing an additional 169 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.2 %

Shares of VCIT stock opened at $81.34 on Wednesday. The business has a 50-day moving average price of $80.82 and a two-hundred day moving average price of $81.58. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $77.80 and a 12-month high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.2865 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.