Lauer Wealth LLC Has $3.81 Million Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Lauer Wealth LLC trimmed its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 56.4% in the fourth quarter, Holdings Channel reports. The firm owned 47,470 shares of the company’s stock after selling 61,365 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 2.5% of Lauer Wealth LLC’s investment portfolio, making the stock its 12th biggest position. Lauer Wealth LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,810,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in VCIT. Friedenthal Financial grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.6% in the third quarter. Friedenthal Financial now owns 22,241 shares of the company’s stock valued at $1,863,000 after buying an additional 124 shares in the last quarter. Trustmark National Bank Trust Department increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 0.9% during the 3rd quarter. Trustmark National Bank Trust Department now owns 14,299 shares of the company’s stock worth $1,198,000 after buying an additional 134 shares during the period. Vicus Capital raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.7% in the 3rd quarter. Vicus Capital now owns 20,489 shares of the company’s stock worth $1,716,000 after purchasing an additional 135 shares in the last quarter. Kingsview Wealth Management LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.8% in the third quarter. Kingsview Wealth Management LLC now owns 16,824 shares of the company’s stock valued at $1,409,000 after buying an additional 139 shares in the last quarter. Finally, Capital Investment Advisors LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 4.6% in the fourth quarter. Capital Investment Advisors LLC now owns 3,307 shares of the company’s stock valued at $265,000 after purchasing an additional 144 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.2 %

Shares of VCIT opened at $80.19 on Friday. The business’s fifty day moving average is $80.92 and its 200-day moving average is $81.75. 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 business also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were issued a $0.3119 dividend. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.30. The ex-dividend date of this dividend was Tuesday, December 24th.

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.