Verde Capital Management Increases Stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Verde Capital Management boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 6.0% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 78,362 shares of the company’s stock after buying an additional 4,414 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises 2.0% of Verde Capital Management’s holdings, making the stock its 12th largest holding. Verde Capital Management’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $6,563,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Mather Group LLC. purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter valued at approximately $30,000. Sound Income Strategies LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 73.9% during the third quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock valued at $30,000 after buying an additional 150 shares during the period. Opal Wealth Advisors LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter valued at $33,000. Pineridge Advisors LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 57.3% in the 1st quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock worth $33,000 after buying an additional 150 shares during the period. Finally, American National Bank increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 70.7% in the 2nd quarter. American National Bank now owns 471 shares of the company’s stock worth $38,000 after acquiring an additional 195 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ:VCIT opened at $82.53 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $73.78 and a one year high of $84.25. The company’s 50-day simple moving average is $83.11 and its 200 day simple moving average is $81.03.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were paid a $0.301 dividend. The ex-dividend date of this dividend was Tuesday, September 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.