Apella Capital LLC Buys 87,220 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Apella Capital LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 58.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 237,702 shares of the company’s stock after purchasing an additional 87,220 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up 0.7% of Apella Capital LLC’s investment portfolio, making the stock its 29th biggest holding. Apella Capital LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $19,080,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Kingsview Wealth Management LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.8% during the 3rd quarter. Kingsview Wealth Management LLC now owns 16,824 shares of the company’s stock worth $1,409,000 after buying an additional 139 shares during the period. Breakwater Capital Group increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.9% during the third quarter. Breakwater Capital Group now owns 43,442 shares of the company’s stock valued at $3,638,000 after acquiring an additional 388 shares in the last quarter. Global Wealth Management Investment Advisory Inc. raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.1% during the third quarter. Global Wealth Management Investment Advisory Inc. now owns 207,407 shares of the company’s stock worth $17,370,000 after purchasing an additional 8,099 shares during the period. SG Americas Securities LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth $462,000. Finally, Haverford Trust Co bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth $380,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT stock opened at $79.25 on Wednesday. The firm has a fifty day simple moving average of $80.94 and a two-hundred day simple moving average of $81.76. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $77.80 and a 12 month high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were given a dividend of $0.3119 per share. The ex-dividend date was Tuesday, December 24th. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.30.

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.