Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Acquired by Drive Wealth Management LLC

Posted by Don Miller on Jan 27th, 2025

Drive Wealth Management LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT – Free Report) by 7.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 51,067 shares of the company’s stock after buying an additional 3,365 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 1.0% of Drive Wealth Management LLC’s portfolio, making the stock its 19th largest holding. Drive Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,099,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Providence Capital Advisors LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at about $25,000. Bull Oak Capital LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at about $27,000. Sound Income Strategies LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 73.9% in the 3rd quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock valued at $30,000 after purchasing an additional 150 shares in the last quarter. GAMMA Investing LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at about $65,000. Finally, MidAtlantic Capital Management Inc. purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at about $65,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $80.42 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $77.80 and a twelve month high of $84.25. The business has a 50-day moving average price of $80.80 and a 200 day moving average price of $81.76.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were paid a dividend of $0.3119 per share. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.30. The ex-dividend date was Tuesday, December 24th.

Vanguard Intermediate-Term Corporate Bond ETF Company Profile

(Free Report)

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.