Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Acquired by Gray Wealth Management Inc.

Gray Wealth Management Inc. lifted its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 63.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 49,224 shares of the company’s stock after purchasing an additional 19,157 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up 1.5% of Gray Wealth Management Inc.’s investment portfolio, making the stock its 17th biggest holding. Gray Wealth Management Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,951,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Providence Capital Advisors LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth approximately $25,000. Truvestments Capital LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 145.6% during the 4th quarter. Truvestments Capital LLC now owns 334 shares of the company’s stock worth $27,000 after purchasing an additional 198 shares during the last quarter. Tortoise Investment Management LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at $28,000. Midwest Capital Advisors LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at about $33,000. Finally, Nvwm LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 42.6% during the fourth quarter. Nvwm LLC now owns 499 shares of the company’s stock worth $40,000 after buying an additional 149 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT stock opened at $81.09 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $77.80 and a 52-week high of $84.26. The stock’s 50-day moving average price is $80.76 and its 200 day moving average price is $81.60.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.2865 per share. The ex-dividend date was Monday, March 3rd.

Vanguard Intermediate-Term Corporate Bond ETF Company 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.