Capital Asset Advisory Services LLC Increases Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Capital Asset Advisory Services LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 17,724 shares of the company’s stock after buying an additional 550 shares during the period. Capital Asset Advisory Services LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,420,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. JPMorgan Chase & Co. boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 47,196,763 shares of the company’s stock worth $3,952,729,000 after acquiring an additional 1,165,222 shares in the last quarter. Creative Planning boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 1.7% during the third quarter. Creative Planning now owns 24,067,807 shares of the company’s stock worth $2,015,679,000 after purchasing an additional 395,318 shares in the last quarter. LPL Financial LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 3.6% in the third quarter. LPL Financial LLC now owns 10,738,931 shares of the company’s stock valued at $899,385,000 after purchasing an additional 375,394 shares during the period. PNC Financial Services Group Inc. increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.2% in the third quarter. PNC Financial Services Group Inc. now owns 3,646,603 shares of the company’s stock valued at $305,403,000 after buying an additional 113,864 shares in the last quarter. Finally, Blue Trust Inc. raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.3% during the 3rd quarter. Blue Trust Inc. now owns 2,623,228 shares of the company’s stock worth $209,675,000 after buying an additional 59,941 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $80.42 on Monday. The company’s fifty day moving average price is $80.80 and its 200 day moving average price is $81.76. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $77.80 and a 1 year 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 paid a dividend of $0.3119 per share. The ex-dividend date of this dividend was Tuesday, December 24th. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.30.

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.