Gray Wealth Management Inc. Raises Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Gray Wealth Management Inc. grew its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 19,814 shares of the company’s stock after buying an additional 590 shares during the quarter. Gray Wealth Management Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,611,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Cullen Frost Bankers Inc. lifted 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 acquiring an additional 311 shares during the last quarter. GHP Investment Advisors Inc. purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at about $29,000. Northern Trust Corp grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 35.6% during the first quarter. Northern Trust Corp now owns 34,007 shares of the company’s stock worth $29,000 after buying an additional 8,935 shares during the last quarter. CarsonAllaria Wealth Management Ltd. acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at about $32,000. Finally, Ambassador Advisors LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 46.5% during the 4th 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.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCIT traded down $0.19 during mid-day trading on Thursday, hitting $78.15. 7,853,112 shares of the company were exchanged, compared to its average volume of 8,123,634. The stock has a 50 day simple moving average of $79.77 and a 200-day simple moving average of $78.83. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $73.78 and a 1-year high of $81.65.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently declared 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. 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.