Braun Bostich & Associates Inc. Acquires 951 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Braun Bostich & Associates Inc. grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 53,347 shares of the company’s stock after acquiring an additional 951 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 3.1% of Braun Bostich & Associates Inc.’s holdings, making the stock its 7th largest holding. Braun Bostich & Associates Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,282,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in VCIT. Kingsview Wealth Management LLC lifted its position in 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 worth $1,409,000 after acquiring an additional 139 shares during the period. Breakwater Capital Group lifted 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. boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 4.1% in the third quarter. Global Wealth Management Investment Advisory Inc. now owns 207,407 shares of the company’s stock valued at $17,370,000 after buying an additional 8,099 shares during the last quarter. SG Americas Securities LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth approximately $462,000. Finally, Haverford Trust Co purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth approximately $380,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ VCIT opened at $80.56 on Wednesday. The company has a 50 day simple moving average of $80.84 and a two-hundred day simple moving average of $81.77. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $77.80 and a 12 month high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were issued a $0.3119 dividend. This is a positive change 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.