Wealth Enhancement Advisory Services LLC Acquires 12,507 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Wealth Enhancement Advisory Services LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 9.5% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 144,490 shares of the company’s stock after purchasing an additional 12,507 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $11,549,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Pineridge Advisors LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 57.3% during the 1st quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock worth $33,000 after purchasing an additional 150 shares during the last quarter. Bogart Wealth LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 20.8% during 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 last quarter. AA Financial Advisors LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 1.3% during the 2nd quarter. AA Financial Advisors LLC now owns 12,288 shares of the company’s stock worth $982,000 after purchasing an additional 162 shares during the last quarter. StoneX Group Inc. grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 1.3% during the 1st quarter. StoneX Group Inc. now owns 12,677 shares of the company’s stock worth $1,021,000 after purchasing an additional 166 shares during the last quarter. Finally, Independent Wealth Network Inc. boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.8% in the 1st quarter. Independent Wealth Network Inc. now owns 9,648 shares of the company’s stock valued at $777,000 after acquiring an additional 168 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.3 %

Shares of VCIT stock traded up $0.22 during trading hours on Wednesday, hitting $82.60. The company’s stock had a trading volume of 2,625,898 shares, compared to its average volume of 6,999,649. The company has a 50 day moving average of $80.72 and a 200 day moving average of $80.01. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $73.78 and a 12-month high of $82.64.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, August 5th. Investors of record on Thursday, August 1st were paid a $0.3011 dividend. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.27. This represents a $3.61 annualized dividend and a dividend yield of 4.37%. The ex-dividend date of this dividend was Thursday, August 1st.

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.