Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Bought by DAVENPORT & Co LLC

DAVENPORT & Co LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 51.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 130,195 shares of the company’s stock after purchasing an additional 44,082 shares during the period. DAVENPORT & Co LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $10,451,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Providence Capital Advisors LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth $25,000. Bull Oak Capital LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth about $27,000. Sound Income Strategies LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 73.9% during the 3rd quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock worth $30,000 after acquiring an additional 150 shares in the last quarter. Field & Main Bank purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at about $52,000. Finally, Hantz Financial Services Inc. acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at about $58,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT opened at $80.80 on Monday. The company’s 50-day simple moving average is $80.78 and its 200-day simple moving average is $81.76. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $77.80 and a 1 year 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. Shareholders of record on Tuesday, December 24th were issued a dividend of $0.3119 per share. The ex-dividend date was Tuesday, December 24th. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.30.

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.