Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Acquired by Towerpoint Wealth LLC

Towerpoint Wealth LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 6.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 261,713 shares of the company’s stock after buying an additional 15,838 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises 10.3% of Towerpoint Wealth LLC’s investment portfolio, making the stock its 3rd largest position. Towerpoint Wealth LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $21,008,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in VCIT. Providence Capital Advisors LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at approximately $25,000. Bull Oak Capital LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at $27,000. Sound Income Strategies LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 73.9% during the 3rd quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock worth $30,000 after acquiring an additional 150 shares in the last quarter. GAMMA Investing LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth about $65,000. Finally, MidAtlantic Capital Management Inc. acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at about $65,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.1 %

NASDAQ:VCIT traded down $0.06 during mid-day trading on Thursday, reaching $79.94. The stock had a trading volume of 105,344 shares, compared to its average volume of 6,034,207. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $77.80 and a 1-year high of $84.25. The stock’s 50 day simple moving average is $80.94 and its two-hundred day simple moving average is $81.76.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were issued a $0.3119 dividend. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.30. The ex-dividend date 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.