Counterweight Ventures LLC Acquires New Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Counterweight Ventures LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 32,606 shares of the company’s stock, valued at approximately $2,650,000. Vanguard Intermediate-Term Corporate Bond ETF accounts for 2.4% of Counterweight Ventures LLC’s investment portfolio, making the stock its 14th largest holding.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Tidemark LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth about $30,000. Evolution Advisers Inc. acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth about $35,000. Edmond DE Rothschild Holding S.A. acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth about $38,000. AdvisorNet Financial Inc raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 344.8% during the fourth quarter. AdvisorNet Financial Inc now owns 516 shares of the company’s stock worth $42,000 after acquiring an additional 400 shares during the last quarter. Finally, Private Wealth Management Group LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth about $43,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ VCIT traded up $0.01 during midday trading on Friday, reaching $80.49. 4,641,255 shares of the stock were exchanged, compared to its average volume of 7,650,537. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $73.78 and a 52-week high of $81.65. The stock has a 50 day moving average price of $79.22 and a 200-day moving average price of $79.87.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, June 5th. Stockholders of record on Monday, June 3rd were issued a dividend of $0.2992 per share. The ex-dividend date was Monday, June 3rd. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29.

About Vanguard Intermediate-Term Corporate Bond ETF

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.