Davis R M Inc. Grows Stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Davis R M Inc. increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 11.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,991 shares of the company’s stock after purchasing an additional 619 shares during the period. Davis R M Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $481,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Marshall Financial Group Inc. ADV lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.5% in the fourth quarter. Marshall Financial Group Inc. ADV now owns 35,148 shares of the company’s stock worth $2,821,000 after buying an additional 2,139 shares in the last quarter. Kingsview Wealth Management LLC lifted its stake 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 worth $1,409,000 after purchasing an additional 139 shares in the last quarter. Haverford Trust Co bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at about $380,000. Brookstone Capital Management boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 39.8% during the 4th quarter. Brookstone Capital Management now owns 43,401 shares of the company’s stock valued at $3,484,000 after purchasing an additional 12,357 shares during the last quarter. Finally, Mesirow Financial Investment Management Inc. grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 111.0% during the third quarter. Mesirow Financial Investment Management Inc. now owns 11,900 shares of the company’s stock valued at $997,000 after purchasing an additional 6,259 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.5 %

NASDAQ:VCIT opened at $81.17 on Wednesday. The business’s 50-day moving average is $80.71 and its 200 day moving average is $81.64. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $77.80 and a 12 month high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a dividend of $0.2865 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.