Howard Wealth Management LLC Takes Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Howard Wealth Management LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 3,223 shares of the company’s stock, valued at approximately $259,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Friedenthal Financial lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.6% during the third quarter. Friedenthal Financial now owns 22,241 shares of the company’s stock valued at $1,863,000 after purchasing an additional 124 shares in the last quarter. Trustmark National Bank Trust Department lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.9% during the third quarter. Trustmark National Bank Trust Department now owns 14,299 shares of the company’s stock valued at $1,198,000 after purchasing an additional 134 shares in the last quarter. Vicus Capital lifted its holdings 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 valued at $1,716,000 after purchasing an additional 135 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of 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 purchasing an additional 138 shares in the last quarter. Finally, Kingsview Wealth Management LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.8% during the third quarter. Kingsview Wealth Management LLC now owns 16,824 shares of the company’s stock valued at $1,409,000 after purchasing an additional 139 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT stock opened at $80.98 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $77.80 and a fifty-two week high of $84.25. The business’s 50-day moving average is $80.56 and its two-hundred day moving average is $81.74.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued 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.

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.