Peak Financial Management Inc. Has $10.65 Million Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Peak Financial Management Inc. grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 7.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 132,678 shares of the company’s stock after purchasing an additional 9,059 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for 3.2% of Peak Financial Management Inc.’s investment portfolio, making the stock its 7th biggest position. Peak Financial Management Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $10,650,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in VCIT. TI Trust Inc. raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 17.7% during the 4th quarter. TI Trust Inc. now owns 2,967 shares of the company’s stock valued at $238,000 after acquiring an additional 446 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.8% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,229,252 shares of the company’s stock valued at $98,672,000 after purchasing an additional 44,911 shares during the period. High Net Worth Advisory Group LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 19.7% during the fourth quarter. High Net Worth Advisory Group LLC now owns 13,442 shares of the company’s stock valued at $1,079,000 after purchasing an additional 2,210 shares in the last quarter. Stablepoint Partners LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 2.7% in the fourth quarter. Stablepoint Partners LLC now owns 5,448 shares of the company’s stock worth $437,000 after purchasing an additional 144 shares during the period. Finally, Novare Capital Management LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 9.2% in the 4th quarter. Novare Capital Management LLC now owns 11,068 shares of the company’s stock valued at $888,000 after buying an additional 936 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $80.42 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $77.80 and a 52 week high of $84.25. The company’s 50-day moving average price is $80.80 and its two-hundred day moving average price is $81.76.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were paid a dividend of $0.3119 per share. The ex-dividend date was Tuesday, December 24th. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.30.

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.