Genesee Capital Advisors LLC Increases Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Genesee Capital Advisors LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 2.0% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 16,210 shares of the company’s stock after purchasing an additional 321 shares during the quarter. Genesee Capital Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,358,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of VCIT. Mather Group LLC. purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the first quarter valued at approximately $30,000. Banque Cantonale Vaudoise boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 35.1% in the first quarter. Banque Cantonale Vaudoise now owns 2,000 shares of the company’s stock valued at $161,000 after purchasing an additional 520 shares during the period. International Assets Investment Management LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.3% in the first quarter. International Assets Investment Management LLC now owns 15,505 shares of the company’s stock valued at $1,235,000 after purchasing an additional 489 shares during the period. Salem Investment Counselors Inc. boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1,265.5% in the first quarter. Salem Investment Counselors Inc. now owns 792 shares of the company’s stock valued at $64,000 after purchasing an additional 734 shares during the period. Finally, Opal Wealth Advisors LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the first quarter valued at approximately $33,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.6 %

Shares of NASDAQ VCIT traded down $0.51 during trading hours on Monday, reaching $82.02. The stock had a trading volume of 3,863,672 shares, compared to its average volume of 6,969,850. The business’s fifty day moving average price is $83.11 and its two-hundred day moving average price is $81.04. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $73.88 and a 52-week high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were paid a $0.301 dividend. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.