Petix & Botte Co Has $8.77 Million Stake in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Petix & Botte Co trimmed its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 6.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 106,006 shares of the company’s stock after selling 7,700 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises about 2.0% of Petix & Botte Co’s investment portfolio, making the stock its 19th largest position. Petix & Botte Co’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $8,772,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in the company. Brown Brothers Harriman & Co. boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 136.1% in the fourth quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock valued at $29,000 after buying an additional 200 shares in the last quarter. HHM Wealth Advisors LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the first quarter valued at approximately $29,000. Monetary Solutions Ltd acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at $30,000. Richards Merrill & Peterson Inc. bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at about $30,000. Finally, Chapman Financial Group LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at about $31,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ:VCIT traded down $0.11 on Friday, hitting $81.81. 7,594,501 shares of the stock were exchanged, compared to its average volume of 11,592,167. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $81.43 and a 52 week high of $84.84. The company’s 50-day moving average price is $82.38 and its 200 day moving average price is $83.14.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were paid a dividend of $0.3319 per share. The ex-dividend date of this dividend was Wednesday, July 1st.

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. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.