Synergy Investment Management LLC Invests $99,000 in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Synergy Investment Management LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the 4th quarter, HoldingsChannel reports. The firm acquired 1,234 shares of the company’s stock, valued at approximately $99,000.

Other hedge funds also recently modified their holdings of the company. Auour Investments LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.4% in the third quarter. Auour Investments LLC now owns 57,458 shares of the company’s stock valued at $4,694,000 after purchasing an additional 811 shares in the last quarter. W.H. Cornerstone Investments Inc. increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 11.7% in the third quarter. W.H. Cornerstone Investments Inc. now owns 82,444 shares of the company’s stock valued at $6,905,000 after purchasing an additional 8,654 shares in the last quarter. Arista Wealth Management LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.2% in the third quarter. Arista Wealth Management LLC now owns 503,000 shares of the company’s stock valued at $42,126,000 after purchasing an additional 29,458 shares in the last quarter. Global Wealth Management Investment Advisory Inc. increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.1% in the third quarter. Global Wealth Management Investment Advisory Inc. now owns 207,407 shares of the company’s stock valued at $17,370,000 after purchasing an additional 8,099 shares in the last quarter. Finally, Ameritas Advisory Services LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 9.2% during the 3rd quarter. Ameritas Advisory Services LLC now owns 44,010 shares of the company’s stock worth $3,686,000 after acquiring an additional 3,721 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.1 %

VCIT opened at $81.83 on Wednesday. The company has a fifty day moving average price of $80.60 and a two-hundred day moving average price of $81.69. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $77.80 and a 52 week high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd will be issued a dividend of $0.2865 per share. The ex-dividend date of this dividend is Monday, March 3rd.

Vanguard Intermediate-Term Corporate Bond ETF Company 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.