Venturi Wealth Management LLC Buys 211,577 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Venturi Wealth Management LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 24,125.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 212,454 shares of the company’s stock after purchasing an additional 211,577 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 0.8% of Venturi Wealth Management LLC’s portfolio, making the stock its 26th biggest holding. Venturi Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $17,054,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Providence Capital Advisors LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at $25,000. Bull Oak Capital LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at about $27,000. Nvwm LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 42.6% during the fourth quarter. Nvwm LLC now owns 499 shares of the company’s stock valued at $40,000 after purchasing an additional 149 shares during the last quarter. Sound Income Strategies LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 50.7% during the fourth quarter. Sound Income Strategies LLC now owns 532 shares of the company’s stock worth $43,000 after purchasing an additional 179 shares during the period. Finally, Field & Main Bank purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth about $52,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT stock opened at $80.98 on Tuesday. The firm’s 50 day moving average is $80.53 and its 200 day moving average is $81.74. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $77.80 and a 12 month high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

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.