Peak Financial Management Inc. Raises Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Peak Financial Management Inc. increased its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 123,619 shares of the company’s stock after purchasing an additional 3,835 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up 3.0% of Peak Financial Management Inc.’s holdings, making the stock its 8th biggest holding. Peak Financial Management Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $10,353,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. Creekmur Asset Management LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at about $26,000. Mather Group LLC. bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the first quarter valued at about $30,000. Sound Income Strategies LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 73.9% in the third quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock valued at $30,000 after acquiring an additional 150 shares during the last quarter. Opal Wealth Advisors LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the first quarter valued at about $33,000. Finally, Pineridge Advisors LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 57.3% in the first quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock valued at $33,000 after acquiring an additional 150 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Vanguard Intermediate-Term Corporate Bond ETF stock traded up $0.24 during midday trading on Tuesday, reaching $82.71. The company’s stock had a trading volume of 7,231,880 shares, compared to its average volume of 6,969,818. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $73.78 and a 52 week high of $84.25. The business has a 50-day moving average price of $83.03 and a 200-day moving average price of $80.96.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

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.