Marietta Wealth Management LLC Buys 868 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Marietta Wealth Management LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 2.5% in the 2nd quarter, Holdings Channel reports. The firm owned 35,782 shares of the company’s stock after purchasing an additional 868 shares during the quarter. Marietta Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,860,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Stokes Family Office LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 37.1% during the fourth quarter. Stokes Family Office LLC now owns 24,052 shares of the company’s stock worth $1,955,000 after purchasing an additional 6,506 shares during the last quarter. Redmont Wealth Advisors LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 24.1% during the fourth quarter. Redmont Wealth Advisors LLC now owns 27,618 shares of the company’s stock worth $2,245,000 after purchasing an additional 5,368 shares during the last quarter. Crewe Advisors LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 369.3% during the fourth quarter. Crewe Advisors LLC now owns 11,208 shares of the company’s stock worth $911,000 after purchasing an additional 8,820 shares during the last quarter. Greenwich Wealth Management LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.2% during the fourth quarter. Greenwich Wealth Management LLC now owns 23,467 shares of the company’s stock valued at $1,907,000 after buying an additional 275 shares during the period. Finally, Great Valley Advisor Group Inc. increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 25.1% during the fourth quarter. Great Valley Advisor Group Inc. now owns 1,279,921 shares of the company’s stock valued at $104,032,000 after buying an additional 256,984 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock traded up $0.21 during trading on Friday, hitting $82.49. 5,293,720 shares of the stock traded hands, compared to its average volume of 7,029,990. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $73.78 and a 52-week high of $82.64. The stock’s fifty day simple moving average is $80.87 and its 200 day simple moving average is $80.05.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, August 1st were paid a dividend of $0.3011 per share. The ex-dividend date of this dividend was Thursday, August 1st. This represents a $3.61 annualized dividend and a dividend yield of 4.38%. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.27.

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.