Vanguard Intermediate-Term Corporate Bond ETF $VCIT is Newton One Investments LLC’s 3rd Largest Position

Newton One Investments LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 2.9% in the 1st quarter, HoldingsChannel.com reports. The fund owned 464,730 shares of the company’s stock after buying an additional 13,102 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises about 10.4% of Newton One Investments LLC’s investment portfolio, making the stock its 3rd largest holding. Newton One Investments LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $38,456,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the stock. Verus Wealth Management LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 6.6% during the 1st quarter. Verus Wealth Management LLC now owns 105,583 shares of the company’s stock worth $8,737,000 after purchasing an additional 6,571 shares in the last quarter. Severin Investments LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 317.7% in the 1st quarter. Severin Investments LLC now owns 46,867 shares of the company’s stock valued at $3,878,000 after purchasing an additional 35,648 shares in the last quarter. Acorn Financial Advisory Services Inc. ADV purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter valued at about $226,000. Mitchell Mcleod Pugh & Williams Inc. boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 19.4% in the 1st quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 32,272 shares of the company’s stock valued at $2,671,000 after buying an additional 5,239 shares during the period. Finally, Key Financial Inc boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 22.0% in the 1st quarter. Key Financial Inc now owns 7,557 shares of the company’s stock valued at $625,000 after buying an additional 1,362 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $82.19 on Thursday. The business has a 50-day simple moving average of $82.52 and a 200-day simple moving average of $83.22. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $81.43 and a one year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, July 6th. Investors of record on Wednesday, July 1st will be paid a $0.3319 dividend. The ex-dividend date is Wednesday, July 1st.

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. 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.