Sovran Advisors LLC Takes $1.26 Million Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Sovran Advisors LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 15,940 shares of the company’s stock, valued at approximately $1,263,000.

Several other institutional investors have also modified their holdings of the stock. Focus Financial Network Inc. acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth $299,000. Global Wealth Management Investment Advisory Inc. raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 6.2% in the 4th quarter. Global Wealth Management Investment Advisory Inc. now owns 220,259 shares of the company’s stock valued at $17,680,000 after buying an additional 12,852 shares during the period. Eukles Asset Management lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 255.8% in the fourth quarter. Eukles Asset Management now owns 1,103 shares of the company’s stock valued at $89,000 after buying an additional 793 shares during the last quarter. Constellation Investments Inc. acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at about $50,169,000. Finally, Elser Financial Planning Inc purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at approximately $6,703,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT stock opened at $80.70 on Tuesday. The firm’s 50 day moving average price is $80.67 and its 200-day moving average price is $81.76. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $77.80 and a one year high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a dividend of $0.3129 per share. 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 Company 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.