First Interstate Bank Grows Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

First Interstate Bank boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.6% in the second quarter, Holdings Channel reports. The fund owned 1,835,189 shares of the company’s stock after acquiring an additional 63,760 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for 9.7% of First Interstate Bank’s investment portfolio, making the stock its 2nd biggest holding. First Interstate Bank’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $146,687,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Creekmur Asset Management LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth approximately $26,000. Tidemark LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at about $30,000. Mather Group LLC. acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter valued at $30,000. Opal Wealth Advisors LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter worth about $33,000. Finally, Pineridge Advisors LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 57.3% during the first quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock valued at $33,000 after purchasing an additional 150 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCIT opened at $83.49 on Tuesday. The business has a 50-day moving average price of $81.77 and a two-hundred day moving average price of $80.37. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $73.78 and a 1-year high of $83.70.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were issued a $0.301 dividend. This is an increase 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 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.