31,664 Shares in Vanguard Intermediate-Term Corporate Bond ETF $VCIT Bought by Stone Loft Wealth Management LLC

Stone Loft Wealth Management LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 31,664 shares of the company’s stock, valued at approximately $2,620,000. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 1.9% of Stone Loft Wealth Management LLC’s investment portfolio, making the stock its 9th largest position.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. DecisionPoint Financial LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 2.9% during the fourth quarter. DecisionPoint Financial LLC now owns 539,643 shares of the company’s stock worth $45,195,000 after buying an additional 15,021 shares in the last quarter. First Horizon Corp raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 323.9% in the 4th quarter. First Horizon Corp now owns 11,648 shares of the company’s stock valued at $976,000 after acquiring an additional 8,900 shares in the last quarter. Peak Financial Management Inc. lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.2% in the 4th quarter. Peak Financial Management Inc. now owns 153,930 shares of the company’s stock worth $12,892,000 after acquiring an additional 6,194 shares during the period. Constellation Investments Inc. lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 57.0% in the 4th quarter. Constellation Investments Inc. now owns 1,746,325 shares of the company’s stock worth $146,255,000 after acquiring an additional 633,750 shares during the period. Finally, Mechanics Bank Trust Department bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at approximately $1,816,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.3%

Shares of VCIT stock opened at $81.71 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $81.43 and a one year high of $84.84. The stock has a fifty day moving average price of $82.26 and a 200 day moving average price of $83.05.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.3319 per share. The ex-dividend date was 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.