Howe & Rusling Inc. Boosts Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Howe & Rusling Inc. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 17.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 623,601 shares of the company’s stock after purchasing an additional 91,015 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 3.4% of Howe & Rusling Inc.’s portfolio, making the stock its 5th biggest holding. Howe & Rusling Inc. owned approximately 0.08% of Vanguard Intermediate-Term Corporate Bond ETF worth $51,603,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of VCIT. Brighton Jones LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 107.9% during the 4th quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock worth $716,000 after acquiring an additional 4,627 shares during the last quarter. Daiwa Securities Group Inc. increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 4.4% in the second quarter. Daiwa Securities Group Inc. now owns 54,690 shares of the company’s stock valued at $4,535,000 after acquiring an additional 2,300 shares during the last quarter. Qube Research & Technologies Ltd raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 67.1% during the second quarter. Qube Research & Technologies Ltd now owns 298,502 shares of the company’s stock valued at $24,752,000 after purchasing an additional 119,837 shares in the last quarter. Squarepoint Ops LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 347.4% during the second quarter. Squarepoint Ops LLC now owns 15,132 shares of the company’s stock valued at $1,255,000 after purchasing an additional 11,750 shares in the last quarter. Finally, Main Street Financial Solutions LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 8.6% during the second quarter. Main Street Financial Solutions LLC now owns 18,100 shares of the company’s stock valued at $1,501,000 after purchasing an additional 1,433 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT opened at $82.34 on Friday. The stock has a 50-day moving average price of $82.48 and a 200-day moving average price of $83.21. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $81.43 and a 12-month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, July 6th. Investors of record on Wednesday, July 1st will be given a $0.3319 dividend. The ex-dividend date 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.