Verde Capital Management Purchases 11,705 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Verde Capital Management lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 14.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 90,067 shares of the company’s stock after purchasing an additional 11,705 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 2.0% of Verde Capital Management’s holdings, making the stock its 12th largest holding. Verde Capital Management’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $7,230,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of VCIT. Kingsview Wealth Management LLC raised its position in 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 buying an additional 139 shares during the last quarter. Breakwater Capital Group lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 0.9% during the 3rd quarter. Breakwater Capital Group now owns 43,442 shares of the company’s stock worth $3,638,000 after purchasing an additional 388 shares during the last quarter. Global Wealth Management Investment Advisory Inc. boosted its holdings in 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 purchasing an additional 8,099 shares during the period. SG Americas Securities LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth approximately $462,000. Finally, Haverford Trust Co bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth about $380,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCIT opened at $80.30 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $77.80 and a one year high of $84.25. The firm has a 50 day simple moving average of $80.82 and a 200 day simple moving average of $81.76.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

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.