Davidson Capital Management Inc. Increases Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Davidson Capital Management Inc. raised its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 6.5% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 905,604 shares of the company’s stock after acquiring an additional 55,030 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up about 16.4% of Davidson Capital Management Inc.’s holdings, making the stock its largest position. Davidson Capital Management Inc. owned 0.13% of Vanguard Intermediate-Term Corporate Bond ETF worth $75,844,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Southern Farm Bureau Life Insurance lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.3% in the 4th quarter. Southern Farm Bureau Life Insurance now owns 480,641 shares of the company’s stock worth $40,258,000 after purchasing an additional 1,605 shares in the last quarter. Morton Brown Family Wealth LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 16.6% in the 4th quarter. Morton Brown Family Wealth LLC now owns 155,174 shares of the company’s stock valued at $12,996,000 after purchasing an additional 22,065 shares during the period. Kingswood Wealth Advisors LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.7% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 4,667 shares of the company’s stock valued at $391,000 after purchasing an additional 165 shares in the last quarter. Quaker Wealth Management LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 1.3% during the fourth quarter. Quaker Wealth Management LLC now owns 179,689 shares of the company’s stock worth $15,049,000 after buying an additional 2,283 shares during the last quarter. Finally, Accretive Wealth Partners LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 20.7% during the fourth quarter. Accretive Wealth Partners LLC now owns 14,098 shares of the company’s stock worth $1,181,000 after buying an additional 2,420 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.1%

Shares of NASDAQ VCIT opened at $83.31 on Thursday. The company has a 50-day moving average price of $83.39 and a 200-day moving average price of $83.77. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $80.42 and a 1 year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Monday, April 6th. Investors of record on Wednesday, April 1st were given a $0.3438 dividend. The ex-dividend date of this dividend was Wednesday, 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. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.