Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Acquired by Cornerstone Wealth Group LLC

Cornerstone Wealth Group LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 8.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 17,326 shares of the company’s stock after purchasing an additional 1,344 shares during the quarter. Cornerstone Wealth Group LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,391,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Friedenthal Financial grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.6% during the 3rd quarter. Friedenthal Financial now owns 22,241 shares of the company’s stock valued at $1,863,000 after purchasing an additional 124 shares during the last quarter. Trustmark National Bank Trust Department boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 0.9% in the third quarter. Trustmark National Bank Trust Department now owns 14,299 shares of the company’s stock valued at $1,198,000 after buying an additional 134 shares during the last quarter. Vicus Capital boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 0.7% in the third quarter. Vicus Capital now owns 20,489 shares of the company’s stock valued at $1,716,000 after buying an additional 135 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 1.9% in the 4th quarter. Geneos Wealth Management Inc. now owns 7,424 shares of the company’s stock worth $596,000 after buying an additional 138 shares during the period. Finally, Kingsview Wealth Management LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 0.8% during the 3rd quarter. Kingsview Wealth Management LLC now owns 16,824 shares of the company’s stock worth $1,409,000 after buying an additional 139 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ VCIT opened at $80.42 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $77.80 and a 12 month high of $84.25. The company has a 50 day simple moving average of $80.80 and a two-hundred day simple moving average of $81.76.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

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.