Praetorian Wealth Management Inc. Invests $333,000 in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Praetorian Wealth Management Inc. purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 4,144 shares of the company’s stock, valued at approximately $333,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VCIT. Kingsview Wealth Management LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.8% in the 3rd 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 in the last quarter. Breakwater Capital Group raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.9% in the 3rd quarter. Breakwater Capital Group now owns 43,442 shares of the company’s stock valued at $3,638,000 after acquiring an additional 388 shares in the last quarter. Global Wealth Management Investment Advisory Inc. raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.1% in the 3rd quarter. Global Wealth Management Investment Advisory Inc. now owns 207,407 shares of the company’s stock valued at $17,370,000 after acquiring an additional 8,099 shares in the last quarter. J.W. Cole Advisors Inc. raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 12.8% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 58,890 shares of the company’s stock valued at $4,707,000 after acquiring an additional 6,690 shares in the last quarter. Finally, SG Americas Securities LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at approximately $462,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.6 %

Shares of VCIT stock traded down $0.50 during trading on Friday, reaching $79.36. The company had a trading volume of 4,750,106 shares, compared to its average volume of 6,118,284. The firm’s 50 day simple moving average is $81.05 and its two-hundred day simple moving average is $81.76. 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 firm also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were given a $0.3119 dividend. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.30. The ex-dividend date was Tuesday, December 24th.

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.