RMR Capital Management LLC Acquires New Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

RMR Capital Management LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 23,396 shares of the company’s stock, valued at approximately $1,878,000. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 1.4% of RMR Capital Management LLC’s investment portfolio, making the stock its 20th biggest position.

Several other institutional investors and hedge funds have also recently modified their holdings of VCIT. Providence Capital Advisors LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth about $25,000. Bull Oak Capital LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at about $27,000. Sound Income Strategies LLC lifted its position in 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 worth $30,000 after buying an additional 150 shares during the last quarter. Field & Main Bank purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth approximately $52,000. Finally, Hantz Financial Services Inc. purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth approximately $58,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.1 %

VCIT stock opened at $80.92 on Thursday. The firm’s fifty day moving average is $80.79 and its 200 day moving average is $81.77. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $77.80 and a 52 week high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were issued a $0.3119 dividend. This is a boost 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 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.