Raab & Moskowitz Asset Management LLC Cuts Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Raab & Moskowitz Asset Management LLC reduced its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 7.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 4,115 shares of the company’s stock after selling 310 shares during the period. Raab & Moskowitz Asset Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $330,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VCIT. Friedenthal Financial boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.6% in the 3rd quarter. Friedenthal Financial now owns 22,241 shares of the company’s stock worth $1,863,000 after purchasing an additional 124 shares during the period. Trustmark National Bank Trust Department lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.9% in the third 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 in the last quarter. Vicus Capital boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.7% during the third quarter. Vicus Capital now owns 20,489 shares of the company’s stock worth $1,716,000 after acquiring an additional 135 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 1.9% during the fourth quarter. Geneos Wealth Management Inc. now owns 7,424 shares of the company’s stock valued at $596,000 after acquiring an additional 138 shares in the last quarter. Finally, Kingsview Wealth Management LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.8% in the 3rd quarter. Kingsview Wealth Management LLC now owns 16,824 shares of the company’s stock worth $1,409,000 after purchasing an additional 139 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $80.22 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $77.80 and a twelve month high of $84.25. The business has a 50-day moving average price of $80.62 and a 200-day moving average price of $81.76.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a $0.3129 dividend. This is an increase 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.