Independent Wealth Network Inc. Has $940,000 Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Independent Wealth Network Inc. grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 11.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 11,709 shares of the company’s stock after buying an additional 1,224 shares during the quarter. Independent Wealth Network Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $940,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. International Assets Investment Management LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 16,198.3% in the third quarter. International Assets Investment Management LLC now owns 2,382,811 shares of the company’s stock valued at $199,560,000 after purchasing an additional 2,368,191 shares in the last quarter. JPMorgan Chase & Co. boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 2.5% in the third quarter. JPMorgan Chase & Co. now owns 47,196,763 shares of the company’s stock valued at $3,952,729,000 after buying an additional 1,165,222 shares in the last quarter. Bank of Montreal Can grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 121.4% during the second quarter. Bank of Montreal Can now owns 1,268,991 shares of the company’s stock worth $102,040,000 after buying an additional 695,871 shares during the last quarter. Benjamin Edwards Inc. increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 1,284.5% in the 3rd quarter. Benjamin Edwards Inc. now owns 677,989 shares of the company’s stock worth $56,782,000 after purchasing an additional 629,019 shares in the last quarter. Finally, Bridgewater Advisors Inc. bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at about $48,196,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ VCIT opened at $80.33 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $77.80 and a twelve month high of $84.25. The stock has a fifty day simple moving average of $80.83 and a 200 day simple moving average of $81.77.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were issued a $0.3119 dividend. The ex-dividend date of this dividend was Tuesday, December 24th. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.30.

About Vanguard Intermediate-Term Corporate Bond ETF

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.