Valeo Financial Advisors LLC Raises Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Valeo Financial Advisors LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 24.6% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 17,782 shares of the company’s stock after acquiring an additional 3,514 shares during the quarter. Valeo Financial Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,432,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. O Shaughnessy Asset Management LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 131.5% during the third quarter. O Shaughnessy Asset Management LLC now owns 1,072 shares of the company’s stock valued at $81,000 after buying an additional 609 shares in the last quarter. Axxcess Wealth Management LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 136.4% during the third quarter. Axxcess Wealth Management LLC now owns 22,699 shares of the company’s stock valued at $1,725,000 after buying an additional 13,098 shares in the last quarter. Ameriprise Financial Inc. raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 36.2% during the third quarter. Ameriprise Financial Inc. now owns 8,513,980 shares of the company’s stock valued at $647,208,000 after buying an additional 2,262,458 shares in the last quarter. Johns Hopkins University acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter valued at approximately $246,285,000. Finally, JT Stratford LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 808.0% during the third quarter. JT Stratford LLC now owns 122,138 shares of the company’s stock valued at $9,280,000 after buying an additional 108,687 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ VCIT opened at $80.12 on Thursday. The stock’s 50 day moving average price is $79.59 and its two-hundred day moving average price is $79.93. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $73.78 and a 52-week high of $81.65.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st were given a dividend of $0.2887 per share. The ex-dividend date of this dividend was Monday, 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.