Public Sector Pension Investment Board Makes New Investment in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Public Sector Pension Investment Board purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 1,600,000 shares of the company’s stock, valued at approximately $127,888,000. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 0.8% of Public Sector Pension Investment Board’s investment portfolio, making the stock its 21st largest position. Public Sector Pension Investment Board owned 0.28% of Vanguard Intermediate-Term Corporate Bond ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of VCIT. Harmony Asset Management LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 12.5% during the second quarter. Harmony Asset Management LLC now owns 5,660 shares of the company’s stock worth $452,000 after acquiring an additional 629 shares during the last quarter. Arista Wealth Management LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 166.5% during the second quarter. Arista Wealth Management LLC now owns 473,542 shares of the company’s stock valued at $37,850,000 after purchasing an additional 295,880 shares in the last quarter. Capstone Triton Financial Group LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 22.5% during the second quarter. Capstone Triton Financial Group LLC now owns 10,324 shares of the company’s stock valued at $825,000 after purchasing an additional 1,895 shares in the last quarter. Thrivent Financial for Lutherans raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 12.0% during the second quarter. Thrivent Financial for Lutherans now owns 572,943 shares of the company’s stock valued at $45,796,000 after purchasing an additional 61,408 shares in the last quarter. Finally, AE Wealth Management LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 61.8% during the second quarter. AE Wealth Management LLC now owns 24,473 shares of the company’s stock worth $1,956,000 after buying an additional 9,352 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.1 %

NASDAQ VCIT opened at $83.94 on Monday. The firm’s fifty day moving average price is $82.39 and its two-hundred day moving average price is $80.62. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $73.78 and a fifty-two week high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were paid 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 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.