Stephens Group Asset Management LLC Buys 8,318 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Stephens Group Asset Management LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 202.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,431 shares of the company’s stock after purchasing an additional 8,318 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up about 0.1% of Stephens Group Asset Management LLC’s investment portfolio, making the stock its 22nd biggest position. Stephens Group Asset Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $998,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of VCIT. Providence Capital Advisors LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth $25,000. Bull Oak Capital LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth $27,000. Sound Income Strategies LLC lifted its stake in shares of 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 valued at $30,000 after acquiring an additional 150 shares during the period. GAMMA Investing LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the third quarter valued at $65,000. Finally, MidAtlantic Capital Management Inc. bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at about $65,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.9 %

Shares of VCIT stock opened at $80.00 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $77.80 and a 12 month high of $84.25. The stock has a 50-day moving average price of $80.94 and a 200 day moving average price of $81.76.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were given a dividend of $0.3119 per share. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.30. The ex-dividend date was Tuesday, December 24th.

Vanguard Intermediate-Term Corporate Bond ETF Company 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.