Verde Capital Management Acquires 4,414 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Verde Capital Management grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 6.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 78,362 shares of the company’s stock after buying an additional 4,414 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 2.0% of Verde Capital Management’s portfolio, making the stock its 12th largest holding. Verde Capital Management’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $6,563,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Insight Advisors LLC PA purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter worth approximately $228,000. Capital Asset Advisory Services LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 12.4% during the 1st quarter. Capital Asset Advisory Services LLC now owns 17,337 shares of the company’s stock valued at $1,379,000 after buying an additional 1,919 shares during the last quarter. Vanguard Group Inc. boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 9.2% during the 1st quarter. Vanguard Group Inc. now owns 3,404,481 shares of the company’s stock valued at $274,095,000 after buying an additional 286,685 shares during the period. Bank of New York Mellon Corp grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 4.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,705,190 shares of the company’s stock worth $136,296,000 after acquiring an additional 75,446 shares during the last quarter. Finally, First Pacific Financial increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.1% in the second quarter. First Pacific Financial now owns 275,356 shares of the company’s stock valued at $22,009,000 after acquiring an additional 15,950 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCIT opened at $82.53 on Friday. The company has a 50-day moving average price of $83.11 and a 200-day moving average price of $81.03. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $73.78 and a 12 month high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were issued a $0.301 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a boost 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.