MGO Private Wealth LLC Invests $1.42 Million in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

MGO Private Wealth LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the second quarter, Holdings Channel reports. The fund acquired 17,062 shares of the company’s stock, valued at approximately $1,415,000. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 0.9% of MGO Private Wealth LLC’s portfolio, making the stock its 26th largest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Mattson Financial Services LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter worth about $28,000. Anfield Capital Management LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter valued at about $29,000. NorthRock Partners LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 54.1% in the 1st quarter. NorthRock Partners LLC now owns 376 shares of the company’s stock valued at $31,000 after acquiring an additional 132 shares in the last quarter. Centennial Bank AR bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter valued at about $33,000. Finally, ORG Partners LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 360.0% in the 2nd quarter. ORG Partners LLC now owns 414 shares of the company’s stock valued at $34,000 after acquiring an additional 324 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.1%

Shares of NASDAQ VCIT opened at $84.06 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $78.66 and a fifty-two week high of $84.74. The firm’s 50-day simple moving average is $83.56 and its 200 day simple moving average is $82.19.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were given a $0.326 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 4.7%.

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.