DAVENPORT & Co LLC Raises Stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

DAVENPORT & Co LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 51.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 130,195 shares of the company’s stock after purchasing an additional 44,082 shares during the period. DAVENPORT & Co LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $10,451,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Providence Capital Advisors LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth $25,000. Bull Oak Capital LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth about $27,000. Sound Income Strategies LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 73.9% during the 3rd quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock worth $30,000 after acquiring an additional 150 shares in the last quarter. Field & Main Bank purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at about $52,000. Finally, Hantz Financial Services Inc. acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth about $58,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT stock opened at $80.80 on Monday. The business has a 50 day moving average price of $80.78 and a 200 day moving average price of $81.76. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $77.80 and a fifty-two week high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were issued a $0.3119 dividend. 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 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.