Stone Loft Wealth Management LLC Invests $2.62 Million in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Stone Loft Wealth Management LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 31,664 shares of the company’s stock, valued at approximately $2,620,000. Vanguard Intermediate-Term Corporate Bond ETF accounts for 1.9% of Stone Loft Wealth Management LLC’s portfolio, making the stock its 9th biggest holding.

Several other hedge funds have also made changes to their positions in VCIT. DecisionPoint Financial LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.9% in the fourth quarter. DecisionPoint Financial LLC now owns 539,643 shares of the company’s stock valued at $45,195,000 after purchasing an additional 15,021 shares during the period. First Horizon Corp boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 323.9% during the 4th quarter. First Horizon Corp now owns 11,648 shares of the company’s stock worth $976,000 after buying an additional 8,900 shares during the period. Peak Financial Management Inc. boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.2% during the 4th quarter. Peak Financial Management Inc. now owns 153,930 shares of the company’s stock worth $12,892,000 after buying an additional 6,194 shares during the period. Constellation Investments Inc. grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 57.0% in the 4th quarter. Constellation Investments Inc. now owns 1,746,325 shares of the company’s stock valued at $146,255,000 after buying an additional 633,750 shares during the last quarter. Finally, Mechanics Bank Trust Department bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth $1,816,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.71 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $81.43 and a fifty-two week high of $84.84. The firm has a fifty day moving average price of $82.26 and a two-hundred day moving average price of $83.05.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were given a dividend of $0.3319 per share. The ex-dividend date of this dividend was Wednesday, July 1st.

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. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.