Buffalo Business & Estate Services Ltd. Invests $135.33 Million in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Buffalo Business & Estate Services Ltd. purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,615,840 shares of the company’s stock, valued at approximately $135,327,000. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 19.4% of Buffalo Business & Estate Services Ltd.’s holdings, making the stock its largest position. Buffalo Business & Estate Services Ltd. owned approximately 0.23% of Vanguard Intermediate-Term Corporate Bond ETF as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 67.6% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 23,827 shares of the company’s stock valued at $2,004,000 after purchasing an additional 9,607 shares during the last quarter. Cordant Inc. increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.8% in the 3rd quarter. Cordant Inc. now owns 174,275 shares of the company’s stock worth $14,658,000 after buying an additional 6,300 shares during the last quarter. Bishop & Co Investment Management LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.0% during the 3rd quarter. Bishop & Co Investment Management LLC now owns 479,730 shares of the company’s stock valued at $40,350,000 after buying an additional 31,395 shares in the last quarter. Coyle Financial Counsel LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 17.1% in the 3rd quarter. Coyle Financial Counsel LLC now owns 173,219 shares of the company’s stock valued at $14,569,000 after acquiring an additional 25,336 shares during the last quarter. Finally, Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth about $715,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCIT opened at $82.74 on Monday. The business’s 50 day moving average is $83.57 and its two-hundred day moving average is $83.86. 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 Dividend Announcement

The business also recently announced a dividend, which will be paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st will be given a dividend of $0.3438 per share. The ex-dividend date of this dividend is Wednesday, April 1st.

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. 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.