Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Stock Position Boosted by Howe & Rusling Inc.

Howe & Rusling Inc. grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 2.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 337,244 shares of the company’s stock after purchasing an additional 9,628 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up about 2.9% of Howe & Rusling Inc.’s portfolio, making the stock its 5th biggest holding. Howe & Rusling Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $27,411,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in VCIT. Victory Capital Management Inc. boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.5% in the 4th quarter. Victory Capital Management Inc. now owns 289,392 shares of the company’s stock valued at $23,522,000 after buying an additional 7,124 shares during the period. Global Wealth Management Investment Advisory Inc. boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.9% in the 4th quarter. Global Wealth Management Investment Advisory Inc. now owns 151,084 shares of the company’s stock valued at $12,280,000 after buying an additional 4,190 shares during the period. Oakwell Private Wealth Management LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at about $10,262,000. Hexagon Capital Partners LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 110.3% in the 4th quarter. Hexagon Capital Partners LLC now owns 16,289 shares of the company’s stock valued at $1,324,000 after buying an additional 8,543 shares during the period. Finally, Sage Rhino Capital LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 21.4% in the 4th quarter. Sage Rhino Capital LLC now owns 49,073 shares of the company’s stock valued at $3,989,000 after buying an additional 8,635 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.1 %

Shares of NASDAQ VCIT traded up $0.06 during midday trading on Wednesday, hitting $78.42. The company’s stock had a trading volume of 8,858,546 shares, compared to its average volume of 8,046,548. The firm’s fifty day moving average price is $79.52 and its 200-day moving average price is $79.05. 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 business also recently declared a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were given a dividend of $0.2944 per share. This is an increase 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.