Peak Financial Management Inc. Purchases 11,778 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Peak Financial Management Inc. grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 7.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 165,708 shares of the company’s stock after buying an additional 11,778 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up 3.5% of Peak Financial Management Inc.’s holdings, making the stock its 7th biggest position. Peak Financial Management Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $13,712,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Corient Private Wealth LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 438.6% in the fourth quarter. Corient Private Wealth LLC now owns 10,303,448 shares of the company’s stock valued at $862,914,000 after acquiring an additional 8,390,355 shares in the last quarter. Bank of America Corp DE increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 7.7% during the third quarter. Bank of America Corp DE now owns 82,297,228 shares of the company’s stock worth $6,922,020,000 after acquiring an additional 5,909,857 shares during the period. Morgan Stanley raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 22.4% in the 4th quarter. Morgan Stanley now owns 24,048,406 shares of the company’s stock worth $2,014,054,000 after purchasing an additional 4,399,400 shares in the last quarter. Fisher Asset Management LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 4.1% in the 4th quarter. Fisher Asset Management LLC now owns 83,976,379 shares of the company’s stock valued at $7,033,022,000 after purchasing an additional 3,339,026 shares during the period. Finally, Nepc LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 37.8% in the 4th quarter. Nepc LLC now owns 6,093,365 shares of the company’s stock valued at $510,319,000 after purchasing an additional 1,670,078 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCIT opened at $82.34 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $81.43 and a 12-month high of $84.84. The company’s 50 day moving average price is $82.48 and its two-hundred day moving average price is $83.21.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, July 6th. Investors of record on Wednesday, July 1st will be paid a $0.3319 dividend. The ex-dividend date is 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.