Hofer & Associates. Inc Purchases 789 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Hofer & Associates. Inc lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 2.4% in the 3rd quarter, Holdings Channel.com reports. The fund owned 34,002 shares of the company’s stock after buying an additional 789 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 2.0% of Hofer & Associates. Inc’s investment portfolio, making the stock its 19th largest position. Hofer & Associates. Inc’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,848,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VCIT. Insight Advisors LLC PA bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter valued at about $228,000. Capital Asset Advisory Services LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 12.4% during the 1st quarter. Capital Asset Advisory Services LLC now owns 17,337 shares of the company’s stock worth $1,379,000 after acquiring an additional 1,919 shares during the period. Vanguard Group Inc. increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 9.2% in the first quarter. Vanguard Group Inc. now owns 3,404,481 shares of the company’s stock worth $274,095,000 after purchasing an additional 286,685 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,705,190 shares of the company’s stock valued at $136,296,000 after purchasing an additional 75,446 shares during the period. Finally, First Pacific Financial lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.1% during the 2nd quarter. First Pacific Financial now owns 275,356 shares of the company’s stock valued at $22,009,000 after buying an additional 15,950 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ:VCIT traded down $0.01 on Tuesday, reaching $81.92. 5,607,782 shares of the company’s stock traded hands, compared to its average volume of 6,977,104. The stock has a 50-day simple moving average of $83.11 and a 200-day simple moving average of $81.05. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $73.88 and a 12 month high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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