Seaside Wealth Management Inc. Raises Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Seaside Wealth Management Inc. lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 97,561 shares of the company’s stock after acquiring an additional 3,255 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 3.4% of Seaside Wealth Management Inc.’s portfolio, making the stock its 8th biggest position. Seaside Wealth Management Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $7,855,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VCIT. Creekmur Asset Management LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth approximately $26,000. Tidemark LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at $30,000. Mather Group LLC. acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter valued at $30,000. Opal Wealth Advisors LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth $33,000. Finally, Evolution Advisers Inc. acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth $35,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.3 %

VCIT opened at $79.93 on Monday. The company has a fifty day moving average price of $79.55 and a two-hundred day moving average price of $79.95. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $73.78 and a 1-year high of $81.65.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, June 5th. Investors of record on Monday, June 3rd were given a $0.2992 dividend. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29. The ex-dividend date was Monday, June 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.