Eastern Bank Takes $157,000 Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Eastern Bank acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 1,880 shares of the company’s stock, valued at approximately $157,000.

Other hedge funds have also bought and sold shares of the company. Sound Income Strategies LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 73.9% in the third quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock worth $30,000 after acquiring an additional 150 shares during the period. Pineridge Advisors LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 57.3% during the 1st quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock valued at $33,000 after buying an additional 150 shares during the last quarter. American National Bank lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 70.7% during the 2nd quarter. American National Bank now owns 471 shares of the company’s stock valued at $38,000 after buying an additional 195 shares during the period. Lynx Investment Advisory purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter worth $42,000. Finally, Headlands Technologies LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the first quarter worth $53,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT stock opened at $81.84 on Friday. The business’s 50-day moving average is $83.09 and its two-hundred day moving average is $81.08. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $74.18 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. Stockholders of record on Tuesday, September 3rd were paid a $0.301 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29.

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.