Hexagon Capital Partners LLC Grows Stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Hexagon Capital Partners LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 110.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,289 shares of the company’s stock after purchasing an additional 8,543 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 0.3% of Hexagon Capital Partners LLC’s investment portfolio, making the stock its 22nd biggest holding. Hexagon Capital Partners LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,324,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Sage Rhino Capital LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 21.4% during the fourth quarter. Sage Rhino Capital LLC now owns 49,073 shares of the company’s stock worth $3,989,000 after buying an additional 8,635 shares during the period. Alpha Cubed Investments LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth $12,787,000. Mission Wealth Management LP lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.0% during the fourth quarter. Mission Wealth Management LP now owns 8,656 shares of the company’s stock worth $704,000 after buying an additional 789 shares during the period. Certuity LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth $278,000. Finally, Penobscot Investment Management Company Inc. lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 15.2% during the fourth quarter. Penobscot Investment Management Company Inc. now owns 3,800 shares of the company’s stock worth $309,000 after buying an additional 500 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.4 %

NASDAQ VCIT traded down $0.32 on Tuesday, reaching $78.36. 7,999,779 shares of the company’s stock traded hands, compared to its average volume of 8,045,878. The stock has a 50 day moving average price of $79.52 and a 200-day moving average price of $79.05. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $73.78 and a fifty-two week high of $81.65.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were issued a $0.2944 dividend. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.28. The ex-dividend date of this dividend was Monday, April 1st.

About Vanguard Intermediate-Term Corporate Bond ETF

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.