Summit Wealth Partners LLC Raises Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Summit Wealth Partners LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 28.0% in the second quarter, Holdings Channel reports. The firm owned 18,289 shares of the company’s stock after acquiring an additional 3,997 shares during the period. Summit Wealth Partners LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,462,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in VCIT. Creekmur Asset Management LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth approximately $26,000. Mather Group LLC. bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter valued at about $30,000. Opal Wealth Advisors LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter worth about $33,000. Pineridge Advisors LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 57.3% during the first quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock valued at $33,000 after buying an additional 150 shares during the last quarter. Finally, American National Bank grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 70.7% in the 2nd quarter. American National Bank now owns 471 shares of the company’s stock worth $38,000 after buying an additional 195 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT opened at $83.77 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $73.78 and a 12 month high of $84.25. The stock’s 50 day moving average price is $82.79 and its 200 day moving average price is $80.80.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were issued a $0.301 dividend. The ex-dividend date was Tuesday, September 3rd. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29.

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.