Delta Financial Group Inc. Buys 19,767 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Delta Financial Group Inc. lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 27.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 90,778 shares of the company’s stock after purchasing an additional 19,767 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 1.7% of Delta Financial Group Inc.’s portfolio, making the stock its 7th largest holding. Delta Financial Group Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $7,287,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Providence Capital Advisors LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth approximately $25,000. Nvwm LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 42.6% during the 4th quarter. Nvwm LLC now owns 499 shares of the company’s stock worth $40,000 after purchasing an additional 149 shares during the last quarter. Sound Income Strategies LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 50.7% during the 4th quarter. Sound Income Strategies LLC now owns 532 shares of the company’s stock worth $43,000 after purchasing an additional 179 shares during the last quarter. Field & Main Bank purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at approximately $52,000. Finally, Hantz Financial Services Inc. purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at approximately $58,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.3 %

VCIT stock opened at $81.21 on Friday. The firm’s 50 day moving average price is $80.45 and its 200-day moving average price is $81.71. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $77.80 and a one year high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a dividend of $0.3129 per share. The ex-dividend date was Monday, February 3rd. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.31.

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.