Modern Wealth Management LLC Makes New Investment in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Modern Wealth Management LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 54,575 shares of the company’s stock, valued at approximately $4,404,000.

Other hedge funds have also made changes to their positions in the company. Geneos Wealth Management Inc. increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.9% in the 4th quarter. Geneos Wealth Management Inc. now owns 7,424 shares of the company’s stock worth $596,000 after purchasing an additional 138 shares during the last quarter. Kingsview Wealth Management LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.8% during the third quarter. Kingsview Wealth Management LLC now owns 16,824 shares of the company’s stock valued at $1,409,000 after buying an additional 139 shares in the last quarter. Capital Investment Advisors LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 4.6% during the 4th quarter. Capital Investment Advisors LLC now owns 3,307 shares of the company’s stock worth $265,000 after buying an additional 144 shares during the last quarter. Stablepoint Partners LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.7% in the 4th quarter. Stablepoint Partners LLC now owns 5,448 shares of the company’s stock valued at $437,000 after acquiring an additional 144 shares during the last quarter. Finally, Nvwm LLC raised its position 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 valued at $40,000 after acquiring an additional 149 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.2 %

VCIT stock opened at $81.47 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $77.80 and a 1-year high of $84.26. The firm has a fifty day moving average price of $81.02 and a two-hundred day moving average price of $81.53.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a dividend of $0.2865 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.