Luminvest Wealth Management LLC Buys 16,475 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Luminvest Wealth Management LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 7.4% in the 1st quarter, HoldingsChannel.com reports. The fund owned 238,214 shares of the company’s stock after purchasing an additional 16,475 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises 5.2% of Luminvest Wealth Management LLC’s holdings, making the stock its 7th largest position. Luminvest Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $19,725,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VCIT. BridgePort Financial Solutions LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.6% during the 4th quarter. BridgePort Financial Solutions LLC now owns 21,027 shares of the company’s stock worth $1,761,000 after purchasing an additional 120 shares in the last quarter. Sincerus Advisory LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 0.5% in the fourth quarter. Sincerus Advisory LLC now owns 24,561 shares of the company’s stock valued at $2,057,000 after buying an additional 121 shares in the last quarter. Valued Retirements Inc. boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 3.5% in the fourth quarter. Valued Retirements Inc. now owns 3,591 shares of the company’s stock valued at $301,000 after buying an additional 121 shares in the last quarter. MCF Advisors LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 19.7% during the fourth quarter. MCF Advisors LLC now owns 754 shares of the company’s stock worth $63,000 after buying an additional 124 shares during the last quarter. Finally, Summit Wealth Partners LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.7% during the fourth quarter. Summit Wealth Partners LLC now owns 19,099 shares of the company’s stock worth $1,600,000 after buying an additional 134 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ VCIT traded down $0.11 during mid-day trading 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 twelve month low of $81.43 and a twelve month high of $84.84. The stock’s fifty day simple moving average is $82.38 and its two-hundred day simple moving average is $83.14.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

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