Cedrus LLC Has $1.24 Million Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Cedrus LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 408.8% in the 3rd quarter, HoldingsChannel reports. The fund owned 14,785 shares of the company’s stock after buying an additional 11,879 shares during the quarter. Cedrus LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,238,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sound Income Strategies LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 73.9% during the 3rd quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock worth $30,000 after buying an additional 150 shares during the period. Mather Group LLC. acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter worth approximately $30,000. Opal Wealth Advisors LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter worth approximately $33,000. Pineridge Advisors LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 57.3% during the 1st quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock worth $33,000 after buying an additional 150 shares during the period. Finally, American National Bank grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 70.7% during the 2nd quarter. American National Bank now owns 471 shares of the company’s stock worth $38,000 after buying an additional 195 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCIT opened at $82.53 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $73.78 and a one year high of $84.25. The company has a 50 day moving average of $83.11 and a 200-day moving average of $81.03.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.301 per share. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Tuesday, September 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.