Altus Wealth Group LLC Raises Stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Altus Wealth Group LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 16.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 79,260 shares of the company’s stock after buying an additional 11,318 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises about 2.8% of Altus Wealth Group LLC’s holdings, making the stock its 10th largest position. Altus Wealth Group LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $6,638,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.6% during the 1st quarter. JPMorgan Chase & Co. now owns 62,648,363 shares of the company’s stock valued at $5,043,820,000 after purchasing an additional 3,892,110 shares during the period. Creative Planning raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.7% during the 3rd quarter. Creative Planning now owns 24,067,807 shares of the company’s stock valued at $2,015,679,000 after purchasing an additional 395,318 shares during the period. Prudential PLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 81.9% during the 2nd quarter. Prudential PLC now owns 22,681,050 shares of the company’s stock valued at $1,812,896,000 after purchasing an additional 10,210,788 shares during the period. LPL Financial LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.7% during the 2nd quarter. LPL Financial LLC now owns 10,363,537 shares of the company’s stock valued at $828,357,000 after purchasing an additional 68,907 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 41.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 10,027,030 shares of the company’s stock valued at $801,460,000 after purchasing an additional 2,914,442 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Vanguard Intermediate-Term Corporate Bond ETF stock traded down $0.28 during midday trading on Wednesday, hitting $81.64. 1,259,501 shares of the company’s stock were exchanged, compared to its average volume of 6,956,076. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $74.18 and a 52-week high of $84.25. The stock has a 50-day moving average price of $83.10 and a two-hundred day moving average price of $81.07.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

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.