Naviter Wealth LLC Grows Stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Naviter Wealth LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 8.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 71,059 shares of the company’s stock after purchasing an additional 5,670 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 1.2% of Naviter Wealth LLC’s portfolio, making the stock its 17th biggest holding. Naviter Wealth LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $5,776,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in VCIT. Choreo LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at approximately $226,000. DDFG Inc lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.5% in the fourth quarter. DDFG Inc now owns 19,617 shares of the company’s stock valued at $1,594,000 after acquiring an additional 298 shares in the last quarter. Principle Wealth Partners LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 43.5% during the fourth quarter. Principle Wealth Partners LLC now owns 4,734 shares of the company’s stock valued at $385,000 after acquiring an additional 1,435 shares during the last quarter. Unique Wealth Strategies LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth about $227,000. Finally, Alliance Wealth Advisors LLC UT raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 76.2% in the 4th quarter. Alliance Wealth Advisors LLC UT now owns 5,204 shares of the company’s stock valued at $423,000 after purchasing an additional 2,251 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ:VCIT traded up $0.30 on Monday, reaching $78.71. The stock had a trading volume of 3,026,000 shares, compared to its average volume of 8,001,940. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $73.78 and a 12-month high of $81.65. The firm’s fifty day moving average is $79.57 and its two-hundred day moving average is $79.01.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were paid a dividend of $0.2944 per share. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.28. The ex-dividend date was Monday, April 1st.

About Vanguard Intermediate-Term Corporate Bond ETF

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.