Bridgewater Advisors Inc. Buys 10,924 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Bridgewater Advisors Inc. grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 600,839 shares of the company’s stock after purchasing an additional 10,924 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up about 5.0% of Bridgewater Advisors Inc.’s holdings, making the stock its 4th largest position. Bridgewater Advisors Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $47,617,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. Kingsview Wealth Management LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.8% during the 3rd quarter. Kingsview Wealth Management LLC now owns 16,824 shares of the company’s stock valued at $1,409,000 after acquiring an additional 139 shares in the last quarter. Breakwater Capital Group raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.9% during the third quarter. Breakwater Capital Group now owns 43,442 shares of the company’s stock worth $3,638,000 after purchasing an additional 388 shares during the period. Global Wealth Management Investment Advisory Inc. lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.1% in the 3rd quarter. Global Wealth Management Investment Advisory Inc. now owns 207,407 shares of the company’s stock worth $17,370,000 after buying an additional 8,099 shares during the last quarter. SG Americas Securities LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at about $462,000. Finally, Haverford Trust Co bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at about $380,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCIT opened at $80.23 on Monday. The firm’s 50-day moving average price is $80.86 and its two-hundred day moving average price is $81.76. 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 declared 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.