63,312 Shares in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Bought by Independent Advisor Alliance

Independent Advisor Alliance purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the 4th quarter, HoldingsChannel reports. The institutional investor purchased 63,312 shares of the company’s stock, valued at approximately $5,082,000.

Several other hedge funds have also recently modified their holdings of the stock. Marshall Financial Group Inc. ADV lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 6.5% in the fourth quarter. Marshall Financial Group Inc. ADV now owns 35,148 shares of the company’s stock valued at $2,821,000 after acquiring an additional 2,139 shares during the period. Kingsview Wealth Management LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 0.8% in the third quarter. Kingsview Wealth Management LLC now owns 16,824 shares of the company’s stock valued at $1,409,000 after acquiring an additional 139 shares during the period. Haverford Trust Co acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at $380,000. Brookstone Capital Management lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 39.8% in the fourth quarter. Brookstone Capital Management now owns 43,401 shares of the company’s stock valued at $3,484,000 after acquiring an additional 12,357 shares during the period. Finally, Mesirow Financial Investment Management Inc. lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 111.0% in the third quarter. Mesirow Financial Investment Management Inc. now owns 11,900 shares of the company’s stock valued at $997,000 after acquiring an additional 6,259 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.5 %

NASDAQ:VCIT opened at $81.17 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $77.80 and a 52-week high of $84.26. The stock has a fifty day simple moving average of $80.71 and a 200-day simple moving average of $81.64.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business 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 was Monday, March 3rd.

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.