Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Acquired by Bridgewater Advisors Inc.

Bridgewater Advisors Inc. raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 12.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 987,957 shares of the company’s stock after buying an additional 107,920 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 5.0% of Bridgewater Advisors Inc.’s investment portfolio, making the stock its 5th biggest position. Bridgewater Advisors Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $81,566,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Compound Planning Inc. acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth $247,000. Greenline Wealth Management LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 109.0% in the 1st quarter. Greenline Wealth Management LLC now owns 8,859 shares of the company’s stock valued at $733,000 after purchasing an additional 4,621 shares during the period. RMG Wealth Management LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter worth about $784,000. Gibbs Wealth Management increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 67.0% in the 1st quarter. Gibbs Wealth Management now owns 189,502 shares of the company’s stock worth $15,681,000 after purchasing an additional 76,017 shares in the last quarter. Finally, Sei Investments Co. raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 510.4% during the 1st quarter. Sei Investments Co. now owns 280,897 shares of the company’s stock worth $23,244,000 after buying an additional 234,880 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ VCIT opened at $81.19 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $81.04 and a 1 year high of $84.84. The stock’s 50-day moving average price is $82.17 and its two-hundred day moving average price is $82.99.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were issued 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.