Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Purchased by RiverFront Investment Group LLC

RiverFront Investment Group LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 0.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,442,470 shares of the company’s stock after purchasing an additional 2,169 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 2.6% of RiverFront Investment Group LLC’s portfolio, making the stock its 13th largest holding. RiverFront Investment Group LLC owned about 0.24% of Vanguard Intermediate-Term Corporate Bond ETF worth $115,787,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in VCIT. Marshall Financial Group Inc. ADV increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 6.5% in the 4th quarter. Marshall Financial Group Inc. ADV now owns 35,148 shares of the company’s stock valued at $2,821,000 after acquiring an additional 2,139 shares during the period. Brookstone Capital Management increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 39.8% in the fourth quarter. Brookstone Capital Management now owns 43,401 shares of the company’s stock valued at $3,484,000 after purchasing an additional 12,357 shares during the period. Arkadios Wealth Advisors purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth approximately $281,000. Timonier Family Office LTD. acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth $725,000. Finally, Urban Financial Advisory Corp purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at $158,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.67 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $77.80 and a one year high of $84.26. The firm has a fifty day moving average of $81.10 and a two-hundred day moving average of $81.51.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were issued 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.