FineMark National Bank & Trust Invests $206,000 in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

FineMark National Bank & Trust bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the fourth quarter, Holdings Channel reports. The fund bought 2,561 shares of the company’s stock, valued at approximately $206,000.

Other hedge funds have also modified their holdings of the company. Ashton Thomas Securities LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 2.2% during the fourth quarter. Ashton Thomas Securities LLC now owns 91,712 shares of the company’s stock valued at $7,362,000 after buying an additional 1,985 shares in the last quarter. Modern Wealth Management LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth approximately $4,404,000. TAGStone Capital Inc. raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.9% during the fourth quarter. TAGStone Capital Inc. now owns 226,324 shares of the company’s stock valued at $18,167,000 after acquiring an additional 2,032 shares during the period. Sheets Smith Investment Management purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at approximately $4,444,000. Finally, United Services Automobile Association boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.8% in the 4th quarter. United Services Automobile Association now owns 179,413 shares of the company’s stock worth $14,401,000 after purchasing an additional 1,393 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCIT opened at $81.28 on Thursday. The company’s fifty day moving average is $81.05 and its two-hundred day moving average is $81.52. 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 firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were paid a $0.2865 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.