Vanguard Intermediate-Term Corporate Bond ETF $VCIT is Powers Advisory Group LLC’s 5th Largest Position

Powers Advisory Group LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 7.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 164,352 shares of the company’s stock after buying an additional 11,755 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 5.2% of Powers Advisory Group LLC’s portfolio, making the stock its 5th largest holding. Powers Advisory Group LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $13,765,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Caldwell Trust Co bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter valued at about $25,000. Chapman Financial Group LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter valued at about $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 about $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 about $35,000. Finally, Delos Wealth Advisors LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter valued at about $37,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.3%

Shares of VCIT opened at $83.03 on Thursday. The business’s 50-day moving average price is $83.50 and its 200-day moving average price is $83.83. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $78.66 and a twelve month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Announces Dividend

The business also recently declared a dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st were given a dividend of $0.3438 per share. The ex-dividend date was Wednesday, April 1st.

About Vanguard Intermediate-Term Corporate Bond ETF

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.