Riverbend Wealth Management LLC Takes Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Riverbend Wealth Management LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 18,453 shares of the company’s stock, valued at approximately $1,483,000. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 1.3% of Riverbend Wealth Management LLC’s investment portfolio, making the stock its 20th biggest holding.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Marshall Financial Group Inc. ADV lifted its stake in shares of 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 last quarter. Kingsview Wealth Management LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.8% in the 3rd quarter. Kingsview Wealth Management LLC now owns 16,824 shares of the company’s stock worth $1,409,000 after purchasing an additional 139 shares during the period. Haverford Trust Co acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth approximately $380,000. Brookstone Capital Management boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 39.8% during the fourth quarter. Brookstone Capital Management now owns 43,401 shares of the company’s stock valued at $3,484,000 after acquiring an additional 12,357 shares during the last quarter. Finally, Mesirow Financial Investment Management Inc. lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 111.0% in the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 11,900 shares of the company’s stock valued at $997,000 after purchasing an additional 6,259 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.58 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $77.80 and a 52-week high of $84.26. The stock’s 50 day moving average price is $80.70 and its two-hundred day moving average price is $81.65.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

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