Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Stake Raised by Powers Advisory Group LLC

Powers Advisory Group LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 7.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 77,483 shares of the company’s stock after buying an additional 5,414 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for 3.2% of Powers Advisory Group LLC’s investment portfolio, making the stock its 10th biggest position. Powers Advisory Group LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $6,489,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in the stock. Verde Capital Management increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 6.0% in the third quarter. Verde Capital Management now owns 78,362 shares of the company’s stock valued at $6,563,000 after purchasing an additional 4,414 shares during the last quarter. AA Financial Advisors LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 564.0% during the 3rd quarter. AA Financial Advisors LLC now owns 81,588 shares of the company’s stock valued at $6,833,000 after acquiring an additional 69,300 shares during the last quarter. Seamount Financial Group Inc. lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.3% during the 3rd quarter. Seamount Financial Group Inc. now owns 29,244 shares of the company’s stock worth $2,449,000 after acquiring an additional 1,468 shares during the period. Commonwealth Equity Services LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.4% in the third quarter. Commonwealth Equity Services LLC now owns 1,500,036 shares of the company’s stock worth $125,628,000 after acquiring an additional 89,663 shares during the last quarter. Finally, Raymond James & Associates boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.4% in the third quarter. Raymond James & Associates now owns 2,057,797 shares of the company’s stock worth $172,341,000 after acquiring an additional 7,545 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT stock opened at $82.53 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $73.78 and a one year high of $84.25. The company has a 50 day moving average price of $83.11 and a 200 day moving average price of $81.03.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.301 per share. The ex-dividend date was Tuesday, September 3rd. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29.

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.