Montag A & Associates Inc. Boosts Stock Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Montag A & Associates Inc. raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 166.2% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 92,730 shares of the company’s stock after buying an additional 57,897 shares during the period. Montag A & Associates Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $7,673,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of VCIT. Meitav Investment House Ltd. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 19.7% in the first quarter. Meitav Investment House Ltd. now owns 14,558 shares of the company’s stock valued at $1,204,000 after acquiring an additional 2,396 shares in the last quarter. Sage Rhino Capital LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 32.9% during the 1st quarter. Sage Rhino Capital LLC now owns 121,405 shares of the company’s stock valued at $10,046,000 after purchasing an additional 30,028 shares during the last quarter. Interactive Financial Advisors Inc. boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.4% in the 1st quarter. Interactive Financial Advisors Inc. now owns 8,639 shares of the company’s stock worth $715,000 after purchasing an additional 287 shares in the last quarter. Busey Bank boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.1% in the 1st quarter. Busey Bank now owns 903,265 shares of the company’s stock worth $74,745,000 after purchasing an additional 43,598 shares in the last quarter. Finally, Tide Cove Capital Partners LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.8% during the 1st quarter. Tide Cove Capital Partners LLC now owns 61,673 shares of the company’s stock worth $5,124,000 after buying an additional 500 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.5%

Shares of NASDAQ:VCIT opened at $81.95 on Wednesday. The business’s 50-day moving average is $82.44 and its 200 day moving average is $83.18. 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 declared a dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were paid a dividend of $0.3319 per share. The ex-dividend date was Wednesday, July 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.