Petix & Botte Co Has $18.83 Million Stock Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Petix & Botte Co raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 224,810 shares of the company’s stock after purchasing an additional 7,651 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 5.0% of Petix & Botte Co’s holdings, making the stock its 7th biggest position. Petix & Botte Co’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $18,828,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Essex LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 16.0% during the 3rd quarter. Essex LLC now owns 537,733 shares of the company’s stock worth $45,035,000 after purchasing an additional 74,268 shares in the last quarter. Cedrus LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 408.8% in the third quarter. Cedrus LLC now owns 14,785 shares of the company’s stock valued at $1,238,000 after acquiring an additional 11,879 shares during the period. Powers Advisory Group LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.5% in the third quarter. Powers Advisory Group LLC now owns 77,483 shares of the company’s stock valued at $6,489,000 after acquiring an additional 5,414 shares during the period. Verde Capital Management increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 6.0% during the 3rd quarter. Verde Capital Management now owns 78,362 shares of the company’s stock worth $6,563,000 after acquiring an additional 4,414 shares during the period. Finally, AA Financial Advisors LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 564.0% during the 3rd quarter. AA Financial Advisors LLC now owns 81,588 shares of the company’s stock worth $6,833,000 after acquiring an additional 69,300 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT stock remained flat at $82.53 during trading on Friday. 7,867,305 shares of the company traded hands, compared to its average volume of 6,985,227. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $73.78 and a one year high of $84.25. The business’s 50 day simple moving average is $83.11 and its 200-day simple moving average is $81.03.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were issued a $0.301 dividend. This is a boost 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.