Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Acquired by Foundation Wealth Management LLC PA

Foundation Wealth Management LLC PA lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 35.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 336,870 shares of the company’s stock after buying an additional 87,924 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises 10.2% of Foundation Wealth Management LLC PA’s portfolio, making the stock its 2nd biggest holding. Foundation Wealth Management LLC PA’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $28,213,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Caldwell Trust Co bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter worth approximately $25,000. Chapman Financial Group LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth approximately $31,000. United Financial Planning Group LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the third quarter valued at approximately $34,000. Abich Financial Wealth Management LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the third quarter valued at approximately $35,000. Finally, Delos Wealth Advisors LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at $37,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.5%

Shares of VCIT stock opened at $82.30 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $78.66 and a one year high of $84.84. The stock has a fifty day moving average price of $83.66 and a 200 day moving average price of $83.91.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were issued a $0.3026 dividend. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Monday, March 2nd.

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.