Foundation Wealth Management LLC PA Has $28.21 Million Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Foundation Wealth Management LLC PA grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 35.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 336,870 shares of the company’s stock after purchasing an additional 87,924 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises 10.2% of Foundation Wealth Management LLC PA’s portfolio, making the stock its 2nd biggest holding. Foundation Wealth Management LLC PA’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $28,213,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in VCIT. Caldwell Trust Co bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at approximately $25,000. Chapman Financial Group LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter worth approximately $31,000. United Financial Planning Group LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth approximately $34,000. Abich Financial Wealth Management LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth approximately $35,000. Finally, Delos Wealth Advisors LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth approximately $37,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT opened at $82.30 on Tuesday. The business has a 50 day moving average of $83.66 and a 200-day moving average of $83.91. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $78.66 and a 1-year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a dividend of $0.3026 per share. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date was Monday, March 2nd.

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. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.