19,229 Shares in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Purchased by Cornerstone Wealth Group LLC

Cornerstone Wealth Group LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 19,229 shares of the company’s stock, valued at approximately $1,548,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 131.5% during the third quarter. O Shaughnessy Asset Management LLC now owns 1,072 shares of the company’s stock valued at $81,000 after buying an additional 609 shares during the last quarter. Jones Financial Companies Lllp raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 28.9% in the third quarter. Jones Financial Companies Lllp now owns 39,324 shares of the company’s stock valued at $2,988,000 after purchasing an additional 8,812 shares in the last quarter. Gallagher Fiduciary Advisors LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth $227,000. SRS Capital Advisors Inc. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 64.9% during the third quarter. SRS Capital Advisors Inc. now owns 2,032 shares of the company’s stock worth $154,000 after buying an additional 800 shares in the last quarter. Finally, Truist Financial Corp increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 1.0% in the 3rd quarter. Truist Financial Corp now owns 1,194,223 shares of the company’s stock valued at $90,737,000 after buying an additional 12,108 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCIT traded down $0.28 during midday trading on Friday, reaching $79.93. 4,724,779 shares of the company’s stock were exchanged, compared to its average volume of 7,484,778. The company’s 50 day simple moving average is $79.55 and its two-hundred day simple moving average is $79.96. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $73.78 and a 12 month high of $81.65.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, June 5th. Stockholders of record on Monday, June 3rd were paid a $0.2992 dividend. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29. The ex-dividend date was Monday, June 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.