Greenleaf Trust Buys 314,521 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Greenleaf Trust lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 8,325.1% in the 4th quarter, Holdings Channel reports. The fund owned 318,299 shares of the company’s stock after acquiring an additional 314,521 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 0.3% of Greenleaf Trust’s investment portfolio, making the stock its 25th biggest position. Greenleaf Trust’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $25,871,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Cullen Frost Bankers Inc. grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 740.5% in the third quarter. Cullen Frost Bankers Inc. now owns 353 shares of the company’s stock valued at $27,000 after purchasing an additional 311 shares in the last quarter. GHP Investment Advisors Inc. bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at $29,000. CarsonAllaria Wealth Management Ltd. bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at $32,000. Ambassador Advisors LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 46.5% in the fourth quarter. Ambassador Advisors LLC now owns 457 shares of the company’s stock valued at $35,000 after acquiring an additional 145 shares during the last quarter. Finally, AdvisorNet Financial Inc lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 344.8% in the fourth quarter. AdvisorNet Financial Inc now owns 516 shares of the company’s stock valued at $42,000 after acquiring an additional 400 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT stock traded up $0.09 during trading hours on Friday, reaching $78.24. The stock had a trading volume of 9,366,433 shares, compared to its average volume of 8,131,372. The stock has a 50-day simple moving average of $79.74 and a 200 day simple moving average of $78.82. 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 business also recently announced a dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were paid a dividend of $0.2944 per share. The ex-dividend date of this dividend was Monday, April 1st. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.28.

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.