Capital Investment Advisory Services LLC Grows Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Capital Investment Advisory Services LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 170.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,428 shares of the company’s stock after acquiring an additional 900 shares during the quarter. Capital Investment Advisory Services LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $116,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Royal Bank of Canada lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 22.2% in the third quarter. Royal Bank of Canada now owns 10,642,263 shares of the company’s stock valued at $808,597,000 after acquiring an additional 1,933,732 shares during the period. LPL Financial LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.8% in the third quarter. LPL Financial LLC now owns 10,439,091 shares of the company’s stock worth $793,162,000 after buying an additional 385,801 shares during the period. Prudential PLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 81.9% in the third quarter. Prudential PLC now owns 9,778,515 shares of the company’s stock worth $742,972,000 after buying an additional 4,402,033 shares during the period. Morgan Stanley raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.6% in the third quarter. Morgan Stanley now owns 9,343,865 shares of the company’s stock worth $709,947,000 after buying an additional 661,996 shares during the period. Finally, Ameriprise Financial Inc. raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 36.2% in the third quarter. Ameriprise Financial Inc. now owns 8,513,980 shares of the company’s stock worth $647,208,000 after buying an additional 2,262,458 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.3 %

NASDAQ VCIT opened at $78.39 on Thursday. The stock’s 50-day moving average price is $79.63 and its 200-day moving average price is $78.95. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $73.78 and a 52 week high of $81.65.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were issued a $0.2944 dividend. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.28. The ex-dividend date of this dividend was Monday, April 1st.

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.