Oakwell Private Wealth Management LLC Acquires New Shares in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Oakwell Private Wealth Management LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 126,251 shares of the company’s stock, valued at approximately $10,262,000. Vanguard Intermediate-Term Corporate Bond ETF comprises 3.6% of Oakwell Private Wealth Management LLC’s portfolio, making the stock its 7th largest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cullen Frost Bankers Inc. lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 740.5% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 353 shares of the company’s stock worth $27,000 after acquiring an additional 311 shares during the last quarter. CarsonAllaria Wealth Management Ltd. acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the third quarter valued at about $32,000. Evolution Advisers Inc. acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at about $35,000. AdvisorNet Financial Inc raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 344.8% during the fourth quarter. AdvisorNet Financial Inc now owns 516 shares of the company’s stock valued at $42,000 after buying an additional 400 shares during the last quarter. Finally, Gradient Investments LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 56.3% during the fourth quarter. Gradient Investments LLC now owns 791 shares of the company’s stock valued at $64,000 after buying an additional 285 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.2 %

Shares of VCIT traded down $0.19 during trading hours on Wednesday, reaching $78.17. 3,003,796 shares of the company traded hands, compared to its average volume of 7,983,689. The stock’s fifty day moving average is $79.52 and its 200 day moving average 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 firm also recently announced a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were paid a $0.2944 dividend. The ex-dividend date was Monday, April 1st. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.28.

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.