Perennial Investment Advisors LLC Purchases 7,714 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Perennial Investment Advisors LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 96.2% in the second quarter, HoldingsChannel reports. The firm owned 15,730 shares of the company’s stock after purchasing an additional 7,714 shares during the period. Perennial Investment Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,257,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. Marshall Financial Group Inc. ADV raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 18.1% during the 2nd quarter. Marshall Financial Group Inc. ADV now owns 19,573 shares of the company’s stock worth $1,564,000 after purchasing an additional 3,002 shares during the period. GDS Wealth Management boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 95.3% during the second quarter. GDS Wealth Management now owns 335,877 shares of the company’s stock valued at $26,847,000 after buying an additional 163,916 shares during the period. Moors & Cabot Inc. lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 42.3% during the second quarter. Moors & Cabot Inc. now owns 14,426 shares of the company’s stock valued at $1,153,000 after purchasing an additional 4,291 shares during the last quarter. Renaissance Technologies LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at about $6,259,000. Finally, Bishop & Co Investment Management LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.2% during the 2nd quarter. Bishop & Co Investment Management LLC now owns 405,214 shares of the company’s stock valued at $32,389,000 after purchasing an additional 16,378 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT opened at $84.02 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $73.78 and a twelve month high of $84.07. The firm has a fifty day simple moving average of $82.13 and a two-hundred day simple moving average of $80.51.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.301 per share. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.