Bernard Wealth Management Corp. Takes $78,000 Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Bernard Wealth Management Corp. bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 967 shares of the company’s stock, valued at approximately $78,000.

Other institutional investors also recently made changes to their positions in the company. Marshall Financial Group Inc. ADV grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.5% during the fourth quarter. Marshall Financial Group Inc. ADV now owns 35,148 shares of the company’s stock valued at $2,821,000 after purchasing an additional 2,139 shares during the last quarter. Leeward Financial Partners LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 13.6% in the 4th quarter. Leeward Financial Partners LLC now owns 19,466 shares of the company’s stock worth $1,563,000 after buying an additional 2,325 shares in the last quarter. Timonier Family Office LTD. bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth approximately $725,000. Atlas Capital Advisors Inc. grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 60.8% in the 4th quarter. Atlas Capital Advisors Inc. now owns 7,888 shares of the company’s stock worth $633,000 after buying an additional 2,982 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 2.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 47,196,763 shares of the company’s stock worth $3,952,729,000 after buying an additional 1,165,222 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT stock opened at $80.92 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $78.66 and a 12-month high of $84.26. The business has a 50 day simple moving average of $81.00 and a 200 day simple moving average of $80.96.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, May 5th. Investors of record on Thursday, May 1st were issued a $0.3151 dividend. This represents a $3.78 dividend on an annualized basis and a yield of 4.67%. The ex-dividend date was Thursday, May 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.