Cornerstone Wealth Group LLC Buys Shares of 19,229 Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Cornerstone Wealth Group LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 19,229 shares of the company’s stock, valued at approximately $1,548,000.

A number of other institutional investors have also modified their holdings of VCIT. Stokes Family Office LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 37.1% in the fourth quarter. Stokes Family Office LLC now owns 24,052 shares of the company’s stock valued at $1,955,000 after purchasing an additional 6,506 shares during the last quarter. Divergent Planning LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 3.3% in the fourth quarter. Divergent Planning LLC now owns 238,968 shares of the company’s stock valued at $19,323,000 after purchasing an additional 7,577 shares during the period. Redmont Wealth Advisors LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 24.1% during the fourth quarter. Redmont Wealth Advisors LLC now owns 27,618 shares of the company’s stock worth $2,245,000 after purchasing an additional 5,368 shares during the last quarter. Total Clarity Wealth Management Inc. purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth approximately $316,000. Finally, Crewe Advisors LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 369.3% in the 4th quarter. Crewe Advisors LLC now owns 11,208 shares of the company’s stock valued at $911,000 after purchasing an additional 8,820 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.3 %

Shares of VCIT stock traded down $0.28 on Friday, reaching $79.93. 4,724,779 shares of the stock were exchanged, compared to its average volume of 7,484,778. The firm has a 50 day moving average of $79.55 and a two-hundred day moving average of $79.96. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $73.78 and a 1-year high of $81.65.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, June 5th. Stockholders of record on Monday, June 3rd were issued a $0.2992 dividend. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29. The ex-dividend date was Monday, June 3rd.

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.