Hurlow Wealth Management Group Inc. Acquires 5,486 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Hurlow Wealth Management Group Inc. boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 6.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 89,121 shares of the company’s stock after acquiring an additional 5,486 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 2.5% of Hurlow Wealth Management Group Inc.’s portfolio, making the stock its 12th largest position. Hurlow Wealth Management Group Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $7,175,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Schmidt P J Investment Management Inc. grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 1.8% during the 4th quarter. Schmidt P J Investment Management Inc. now owns 7,092 shares of the company’s stock worth $570,000 after acquiring an additional 126 shares during the last quarter. Defined Wealth Management LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 1.2% during the 4th quarter. Defined Wealth Management LLC now owns 11,551 shares of the company’s stock worth $939,000 after acquiring an additional 132 shares during the last quarter. Roger Wittlin Investment Advisory LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.4% in the 4th quarter. Roger Wittlin Investment Advisory LLC now owns 11,256 shares of the company’s stock worth $915,000 after purchasing an additional 154 shares during the period. Bogart Wealth LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 20.8% in the 4th quarter. Bogart Wealth LLC now owns 935 shares of the company’s stock worth $76,000 after purchasing an additional 161 shares during the period. Finally, Leeward Financial Partners LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.8% in the 4th quarter. Leeward Financial Partners LLC now owns 20,355 shares of the company’s stock worth $1,654,000 after purchasing an additional 162 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.2 %

Shares of NASDAQ VCIT traded up $0.15 during midday trading on Thursday, reaching $80.21. The stock had a trading volume of 5,350,148 shares, compared to its average volume of 7,507,217. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $73.78 and a twelve month high of $81.65. The company’s 50 day moving average price is $79.48 and its 200 day moving average price is $79.94.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, June 5th. Stockholders of record on Monday, June 3rd were given a $0.2992 dividend. The ex-dividend date was Monday, June 3rd. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29.

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.