6,459 Shares in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Purchased by Axis Wealth Partners LLC

Axis Wealth Partners LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 6,459 shares of the company’s stock, valued at approximately $518,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VCIT. United Community Bank grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 3.1% during the 4th quarter. United Community Bank now owns 43,076 shares of the company’s stock worth $3,458,000 after acquiring an additional 1,290 shares during the period. Pillar Financial Advisors LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at about $112,000. Rialto Wealth Management LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at about $4,565,000. Lifeworks Advisors LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 75.0% during the 4th quarter. Lifeworks Advisors LLC now owns 10,165 shares of the company’s stock worth $816,000 after buying an additional 4,357 shares during the period. Finally, PNC Financial Services Group Inc. raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,817,496 shares of the company’s stock valued at $306,430,000 after acquiring an additional 170,893 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ VCIT opened at $81.33 on Friday. The firm has a 50 day moving average price of $80.67 and a 200 day moving average price of $81.67. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $77.80 and a 52-week high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a $0.2865 dividend. The ex-dividend date was Monday, March 3rd.

Vanguard Intermediate-Term Corporate Bond ETF 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.