Hassell Wealth Management LLC Makes New $18.35 Million Investment in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Hassell Wealth Management LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 225,786 shares of the company’s stock, valued at approximately $18,350,000. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 8.2% of Hassell Wealth Management LLC’s holdings, making the stock its 4th biggest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of VCIT. Fisher Asset Management LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 6.4% during the fourth quarter. Fisher Asset Management LLC now owns 73,066,770 shares of the company’s stock valued at $5,938,867,000 after buying an additional 4,407,258 shares during the period. JPMorgan Chase & Co. raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 6.6% in the 1st quarter. JPMorgan Chase & Co. now owns 62,648,363 shares of the company’s stock worth $5,043,820,000 after purchasing an additional 3,892,110 shares during the period. Prudential PLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 81.9% during the second quarter. Prudential PLC now owns 22,681,050 shares of the company’s stock valued at $1,812,896,000 after purchasing an additional 10,210,788 shares in the last quarter. LPL Financial LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 0.7% during the second quarter. LPL Financial LLC now owns 10,363,537 shares of the company’s stock valued at $828,357,000 after purchasing an additional 68,907 shares during the period. Finally, Envestnet Asset Management Inc. increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 41.0% in the second quarter. Envestnet Asset Management Inc. now owns 10,027,030 shares of the company’s stock worth $801,460,000 after buying an additional 2,914,442 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT stock opened at $83.82 on Monday. The company’s fifty day moving average price is $82.06 and its 200-day moving average price is $80.48. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $73.78 and a one year high of $83.96.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.301 per share. The ex-dividend date was Tuesday, September 3rd. This is a positive change 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.