Naviter Wealth LLC Purchases 14,282 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Naviter Wealth LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 20.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 84,411 shares of the company’s stock after purchasing an additional 14,282 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for 1.0% of Naviter Wealth LLC’s portfolio, making the stock its 21st largest position. Naviter Wealth LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $7,069,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in VCIT. Sound Income Strategies LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 73.9% during the third quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock worth $30,000 after acquiring an additional 150 shares in the last quarter. Mather Group LLC. bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the first quarter worth about $30,000. Opal Wealth Advisors LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the first quarter worth about $33,000. Pineridge Advisors LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 57.3% in the first quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock worth $33,000 after acquiring an additional 150 shares in the last quarter. Finally, American National Bank increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 70.7% in the second quarter. American National Bank now owns 471 shares of the company’s stock worth $38,000 after acquiring an additional 195 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.3 %

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock traded down $0.29 during trading hours on Thursday, hitting $82.62. The company’s stock had a trading volume of 372,802 shares, compared to its average volume of 6,927,558. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $73.78 and a 12 month high of $84.25. The stock has a 50 day moving average of $83.08 and a 200 day moving average of $80.99.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were issued a $0.301 dividend. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Tuesday, September 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.