Raymond James & Associates Purchases 7,545 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Raymond James & Associates boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 0.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,057,797 shares of the company’s stock after buying an additional 7,545 shares during the quarter. Raymond James & Associates owned approximately 0.33% of Vanguard Intermediate-Term Corporate Bond ETF worth $172,341,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Mather Group LLC. acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter valued at about $30,000. Sound Income Strategies LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 73.9% in the 3rd quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock valued at $30,000 after purchasing an additional 150 shares during the period. Opal Wealth Advisors LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth about $33,000. Pineridge Advisors LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 57.3% in the 1st quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock valued at $33,000 after purchasing an additional 150 shares in the last quarter. Finally, American National Bank grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 70.7% during the 2nd quarter. American National Bank now owns 471 shares of the company’s stock valued at $38,000 after purchasing an additional 195 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ VCIT opened at $82.53 on Friday. The firm has a 50 day moving average price of $83.11 and a two-hundred day moving average price of $81.03. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $73.78 and a 52-week high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were paid a $0.301 dividend. The ex-dividend date was Tuesday, September 3rd. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29.

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.