Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) is Morton Brown Family Wealth LLC’s 10th Largest Position

Morton Brown Family Wealth LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 13.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 102,498 shares of the company’s stock after purchasing an additional 11,886 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 2.9% of Morton Brown Family Wealth LLC’s holdings, making the stock its 10th largest holding. Morton Brown Family Wealth LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $8,227,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 47,196,763 shares of the company’s stock valued at $3,952,729,000 after acquiring an additional 1,165,222 shares during the last quarter. LPL Financial LLC increased its position 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 worth $899,385,000 after buying an additional 375,394 shares during the period. PNC Financial Services Group Inc. boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.2% during 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 acquiring an additional 113,864 shares during the period. International Assets Investment Management LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 16,198.3% in the 3rd quarter. International Assets Investment Management LLC now owns 2,382,811 shares of the company’s stock worth $199,560,000 after acquiring an additional 2,368,191 shares during the period. Finally, Life Planning Partners Inc increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7,732.2% in the 4th quarter. Life Planning Partners Inc now owns 2,308,083 shares of the company’s stock worth $185,270,000 after acquiring an additional 2,278,614 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $80.98 on Tuesday. The firm has a 50-day moving average price of $80.53 and a two-hundred day moving average price of $81.74. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $77.80 and a 52-week high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a $0.3129 dividend. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.31. The ex-dividend date of this dividend was Monday, February 3rd.

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.