Cornerstone Wealth Group LLC Raises Stock Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Cornerstone Wealth Group LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 8.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 17,326 shares of the company’s stock after purchasing an additional 1,344 shares during the period. Cornerstone Wealth Group LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,391,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Union Bancaire Privee UBP SA bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth $14,938,000. Capital Asset Advisory Services LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 3.2% in the fourth quarter. Capital Asset Advisory Services LLC now owns 17,724 shares of the company’s stock worth $1,420,000 after purchasing an additional 550 shares in the last quarter. Kingswood Wealth Advisors LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.2% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 5,272 shares of the company’s stock valued at $423,000 after buying an additional 356 shares during the last quarter. PFG Investments LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 23.4% in the 4th quarter. PFG Investments LLC now owns 14,518 shares of the company’s stock valued at $1,165,000 after buying an additional 2,754 shares in the last quarter. Finally, Strategic Investment Advisors MI grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.9% in the 4th quarter. Strategic Investment Advisors MI now owns 21,367 shares of the company’s stock worth $1,715,000 after buying an additional 1,559 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.1 %

NASDAQ VCIT opened at $80.42 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $77.80 and a 52 week high of $84.25. The company has a 50 day moving average price of $80.80 and a 200 day moving average price of $81.76.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were given a dividend of $0.3119 per share. The ex-dividend date was Tuesday, December 24th. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.30.

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.