Elevation Point Wealth Partners LLC Has $33.54 Million Stock Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Elevation Point Wealth Partners LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 25.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 405,333 shares of the company’s stock after purchasing an additional 81,403 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up 0.8% of Elevation Point Wealth Partners LLC’s holdings, making the stock its 21st biggest holding. Elevation Point Wealth Partners LLC owned 0.05% of Vanguard Intermediate-Term Corporate Bond ETF worth $33,541,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of VCIT. HHM Wealth Advisors LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter valued at about $29,000. Brown Brothers Harriman & Co. lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 136.1% during the 4th quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock worth $29,000 after acquiring an additional 200 shares during the period. Richards Merrill & Peterson Inc. bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth approximately $30,000. Monetary Solutions Ltd bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth approximately $30,000. Finally, 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.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT opened at $82.34 on Friday. The firm has a 50 day simple moving average of $82.50 and a two-hundred day simple moving average of $83.21. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $81.43 and a one year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st will be issued a dividend of $0.3319 per share. The ex-dividend date of this dividend is 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.