Peak Financial Management Inc. Buys 11,778 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Peak Financial Management Inc. increased its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 7.7% during the first quarter, Holdings Channel reports. The firm owned 165,708 shares of the company’s stock after acquiring an additional 11,778 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 3.5% of Peak Financial Management Inc.’s investment portfolio, making the stock its 7th biggest position. Peak Financial Management Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $13,712,000 at the end of the most recent reporting period.

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

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ VCIT opened at $82.34 on Friday. The firm’s 50 day simple moving average is $82.48 and its 200 day simple moving average is $83.21. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $81.43 and a 1 year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

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

Vanguard Intermediate-Term Corporate Bond ETF Company 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.