Sheets Smith Investment Management Acquires Shares of 55,364 Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Sheets Smith Investment Management purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 55,364 shares of the company’s stock, valued at approximately $4,444,000. Vanguard Intermediate-Term Corporate Bond ETF comprises 3.8% of Sheets Smith Investment Management’s investment portfolio, making the stock its 6th biggest position.

Several other hedge funds have also recently modified their holdings of the business. Geneos Wealth Management Inc. raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.9% in the fourth quarter. Geneos Wealth Management Inc. now owns 7,424 shares of the company’s stock worth $596,000 after purchasing an additional 138 shares during the last quarter. Kingsview Wealth Management LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.8% in the third quarter. Kingsview Wealth Management LLC now owns 16,824 shares of the company’s stock worth $1,409,000 after purchasing an additional 139 shares during the last quarter. Capital Investment Advisors LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 4.6% during the fourth quarter. Capital Investment Advisors LLC now owns 3,307 shares of the company’s stock valued at $265,000 after acquiring an additional 144 shares during the last quarter. Stablepoint Partners LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 2.7% during the fourth quarter. Stablepoint Partners LLC now owns 5,448 shares of the company’s stock valued at $437,000 after acquiring an additional 144 shares during the last quarter. Finally, Nvwm LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 42.6% during the fourth quarter. Nvwm LLC now owns 499 shares of the company’s stock valued at $40,000 after acquiring an additional 149 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.0 %

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.64 on Monday. The stock has a fifty day moving average of $80.93 and a 200 day moving average of $81.55. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $77.80 and a one year high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.2865 per share. The ex-dividend date was Monday, March 3rd.

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.