PVG Asset Management Corp Has $3.22 Million Stake in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

PVG Asset Management Corp lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 321.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,978 shares of the company’s stock after purchasing an additional 29,726 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up about 2.3% of PVG Asset Management Corp’s investment portfolio, making the stock its 8th largest position. PVG Asset Management Corp’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,216,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of VCIT. Brown Brothers Harriman & Co. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 136.1% during the fourth quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock worth $29,000 after buying an additional 200 shares in the last quarter. HHM Wealth Advisors LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter valued at $29,000. Monetary Solutions Ltd acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at $30,000. Richards Merrill & Peterson Inc. acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at $30,000. Finally, Chapman Financial Group LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth about $31,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.26 on Monday. The firm’s 50-day simple moving average is $82.11 and its 200-day simple moving average is $82.89. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $81.04 and a twelve month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

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

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. 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.