Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Purchased by Gray Wealth Management Inc.

Gray Wealth Management Inc. boosted its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 19,814 shares of the company’s stock after buying an additional 590 shares during the period. Gray Wealth Management Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,611,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Divergent Planning LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.3% during the 4th quarter. Divergent Planning LLC now owns 238,968 shares of the company’s stock worth $19,323,000 after buying an additional 7,577 shares during the last quarter. Evergreen Advisors LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 2.2% in the 3rd quarter. Evergreen Advisors LLC now owns 420,429 shares of the company’s stock valued at $31,944,000 after acquiring an additional 8,866 shares during the period. Total Clarity Wealth Management Inc. acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at $316,000. Facet Wealth Inc. lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 11.9% in the third quarter. Facet Wealth Inc. now owns 788,101 shares of the company’s stock worth $58,674,000 after purchasing an additional 84,059 shares during the period. Finally, Newton One Investments LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth about $14,319,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT traded down $0.19 during trading on Thursday, reaching $78.15. The stock had a trading volume of 7,853,112 shares, compared to its average volume of 8,123,634. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $73.78 and a 1-year high of $81.65. The stock has a 50 day moving average of $79.77 and a two-hundred day moving average of $78.83.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

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.