Davis R M Inc. Increases Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Davis R M Inc. increased its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 11.5% in the 4th quarter, HoldingsChannel reports. The fund owned 5,991 shares of the company’s stock after acquiring an additional 619 shares during the period. Davis R M Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $481,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Tortoise Investment Management LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth approximately $28,000. Independent Advisor Alliance bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth $5,082,000. Meriwether Wealth & Planning LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth $441,000. Objectivity Squared LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 31.2% during the fourth quarter. Objectivity Squared LLC now owns 4,800 shares of the company’s stock valued at $381,000 after acquiring an additional 1,142 shares during the last quarter. Finally, Daiwa Securities Group Inc. raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.7% in the fourth quarter. Daiwa Securities Group Inc. now owns 53,690 shares of the company’s stock valued at $4,310,000 after acquiring an additional 900 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.17 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $77.80 and a 12-month high of $84.26. The firm has a 50-day moving average price of $80.71 and a 200-day moving average price of $81.64.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given a dividend of $0.2865 per share. The ex-dividend date was Monday, March 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.