Sagace Wealth Management LLC Has $10.11 Million Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Sagace Wealth Management LLC decreased its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 16.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 125,947 shares of the company’s stock after selling 24,350 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 7.6% of Sagace Wealth Management LLC’s portfolio, making the stock its largest position. Sagace Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $10,110,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sawyer & Company Inc boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.4% in the 4th quarter. Sawyer & Company Inc now owns 4,673 shares of the company’s stock valued at $375,000 after buying an additional 441 shares during the last quarter. Twele Capital Management Inc. raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 11.9% during the fourth quarter. Twele Capital Management Inc. now owns 6,999 shares of the company’s stock worth $562,000 after acquiring an additional 745 shares in the last quarter. Stephens Group Asset Management LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 202.2% in the fourth quarter. Stephens Group Asset Management LLC now owns 12,431 shares of the company’s stock valued at $998,000 after acquiring an additional 8,318 shares during the last quarter. Websterrogers Financial Advisors LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.9% in the 4th quarter. Websterrogers Financial Advisors LLC now owns 43,510 shares of the company’s stock valued at $3,493,000 after acquiring an additional 815 shares during the period. Finally, Apella Capital LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 58.0% in the 4th quarter. Apella Capital LLC now owns 237,702 shares of the company’s stock valued at $19,080,000 after acquiring an additional 87,220 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.9 %

Shares of VCIT stock opened at $80.00 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $77.80 and a 52-week high of $84.25. The firm’s 50-day moving average is $80.94 and its 200-day moving average is $81.76.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were paid a $0.3119 dividend. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.30. The ex-dividend date of this dividend was Tuesday, December 24th.

Vanguard Intermediate-Term Corporate Bond ETF 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.