Geneos Wealth Management Increases Stake in Vanguard Intermediate-Term Corporate Bond ETF

Geneos Wealth Management Inc. has increased its investment in the Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.9% in the fourth quarter, based on the latest 13F filing with the Securities and Exchange Commission. The institutional investor now holds a total of 7,424 shares of the ETF after adding 138 shares during this period. As of the end of the fourth quarter, the value of Geneos Wealth Management's stake in the Vanguard ETF was approximately $596,000.

Other institutional investors have also made adjustments to their investments in Vanguard Intermediate-Term Corporate Bond ETF recently. For instance, AQR Capital Management LLC raised its position by 0.3% in the second quarter, bringing its total ownership to 92,678 shares valued at about $7,408,000, following an acquisition of 297 additional shares. Similarly, Millennium Management LLC significantly increased its holdings by 76.0% during the same period, now owning 43,226 shares worth around $3,455,000 after purchasing 18,668 shares. Other notable investors include Magnolia Capital Advisors LLC, which raised its stake by 11.2%, and Advisory Alpha LLC, which made a substantial boost of 44.5%, bringing its total holdings to 506,229 shares valued at $40,463,000.

Recent Performance of Vanguard Intermediate-Term Corporate Bond ETF

On the trading front, Vanguard Intermediate-Term Corporate Bond ETF shares opened at $80.82. The ETF has experienced a fifty-day simple moving average of $80.80 and a two-hundred-day simple moving average of $81.77. Over the past year, shares have fluctuated, hitting a low of $77.80 and a high of $84.25.

Dividend Announcement

In recent news, Vanguard Intermediate-Term Corporate Bond ETF announced a dividend that was paid on December 27th. Shareholders on record from December 24th received a dividend of $0.3119 per share, an increase from the previous dividend of $0.30. This announcement indicates the fund's commitment to returning value to its investors.

About Vanguard Intermediate-Term Corporate Bond ETF

This ETF aims to track the performance of the Barclays Capital U.S. 5-10 Year Corporate Bond Index, a segment of the broader Barclays Capital U.S. Aggregate Float Adjusted Index, measuring the investment returns of U.S. corporate bonds.

Further Insights

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