Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Bought by Counterweight Ventures LLC

Counterweight Ventures LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 16.2% in the first quarter, Holdings Channel.com reports. The fund owned 71,075 shares of the company’s stock after purchasing an additional 9,920 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 3.3% of Counterweight Ventures LLC’s portfolio, making the stock its 7th largest position. Counterweight Ventures LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $5,881,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. HHM Wealth Advisors LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth about $29,000. Brown Brothers Harriman & Co. boosted its holdings 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 valued at $29,000 after purchasing an additional 200 shares in the last quarter. Richards Merrill & Peterson Inc. bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at approximately $30,000. Monetary Solutions Ltd bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at approximately $30,000. Finally, Chapman Financial Group LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter worth approximately $31,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT opened at $82.34 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $81.43 and a 1 year high of $84.84. The stock has a 50 day simple moving average of $82.48 and a 200-day simple moving average of $83.21.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st will be given 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.