Foundation Wealth Management LLC PA Takes Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Foundation Wealth Management LLC PA acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 136,959 shares of the company’s stock, valued at approximately $10,994,000. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 5.3% of Foundation Wealth Management LLC PA’s investment portfolio, making the stock its 4th largest position.

Other hedge funds have also recently bought and sold shares of the company. Providence Capital Advisors LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at approximately $25,000. Truvestments Capital LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 145.6% in the 4th quarter. Truvestments Capital LLC now owns 334 shares of the company’s stock valued at $27,000 after buying an additional 198 shares during the last quarter. Tortoise Investment Management LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth $28,000. Midwest Capital Advisors LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth $33,000. Finally, Nvwm LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 42.6% during the fourth quarter. Nvwm LLC now owns 499 shares of the company’s stock valued at $40,000 after acquiring an additional 149 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.2 %

Shares of NASDAQ:VCIT opened at $81.28 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $77.80 and a 52-week high of $84.26. The stock’s 50-day moving average is $81.05 and its 200-day moving average is $81.52.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given a $0.2865 dividend. The ex-dividend date was Monday, March 3rd.

Vanguard Intermediate-Term Corporate Bond ETF Company 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.