Independence Asset Advisors LLC Boosts Stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Independence Asset Advisors LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 183.2% in the fourth quarter, Holdings Channel reports. The firm owned 58,435 shares of the company’s stock after purchasing an additional 37,802 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises about 21.7% of Independence Asset Advisors LLC’s portfolio, making the stock its 2nd biggest holding. Independence Asset Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,700,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Millennium Management LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 76.0% in the 2nd quarter. Millennium Management LLC now owns 43,226 shares of the company’s stock valued at $3,455,000 after buying an additional 18,668 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at $462,000. GAMMA Investing LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth about $65,000. Brookstone Capital Management increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 25.1% during the 3rd quarter. Brookstone Capital Management now owns 31,044 shares of the company’s stock worth $2,600,000 after purchasing an additional 6,232 shares in the last quarter. Finally, West Financial Advisors LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 57.7% during the 3rd quarter. West Financial Advisors LLC now owns 188,202 shares of the company’s stock valued at $15,762,000 after purchasing an additional 68,839 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.2 %

NASDAQ:VCIT opened at $80.90 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $77.80 and a 1 year high of $84.25. The firm has a 50 day moving average of $80.72 and a 200-day moving average of $81.75.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.3129 per share. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.31. The ex-dividend date 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.