Verde Capital Management Acquires 11,705 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Verde Capital Management raised its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 14.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 90,067 shares of the company’s stock after acquiring an additional 11,705 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up about 2.0% of Verde Capital Management’s holdings, making the stock its 12th largest holding. Verde Capital Management’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $7,230,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VCIT. International Assets Investment Management LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 16,198.3% in the 3rd quarter. International Assets Investment Management LLC now owns 2,382,811 shares of the company’s stock worth $199,560,000 after buying an additional 2,368,191 shares during the last quarter. JPMorgan Chase & Co. increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 2.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 47,196,763 shares of the company’s stock valued at $3,952,729,000 after purchasing an additional 1,165,222 shares during the period. Benjamin Edwards Inc. increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1,284.5% during the third quarter. Benjamin Edwards Inc. now owns 677,989 shares of the company’s stock valued at $56,782,000 after buying an additional 629,019 shares during the period. Bridgewater Advisors Inc. purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter valued at $48,196,000. Finally, Creative Planning boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 1.7% in the 3rd quarter. Creative Planning now owns 24,067,807 shares of the company’s stock worth $2,015,679,000 after purchasing an additional 395,318 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.0 %

Shares of NASDAQ:VCIT opened at $80.30 on Friday. The stock’s fifty day moving average price is $80.82 and its 200-day moving average price is $81.76. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $77.80 and a 1 year high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were paid a dividend of $0.3119 per share. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.30. The ex-dividend date 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.