Stephens Group Asset Management LLC Has $998,000 Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Stephens Group Asset Management LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 202.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,431 shares of the company’s stock after acquiring an additional 8,318 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 0.1% of Stephens Group Asset Management LLC’s investment portfolio, making the stock its 22nd biggest position. Stephens Group Asset Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $998,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Websterrogers Financial Advisors LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 1.9% in the fourth quarter. Websterrogers Financial Advisors LLC now owns 43,510 shares of the company’s stock valued at $3,493,000 after acquiring an additional 815 shares during the period. Apella Capital LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 58.0% in the 4th quarter. Apella Capital LLC now owns 237,702 shares of the company’s stock valued at $19,080,000 after purchasing an additional 87,220 shares in the last quarter. Acropolis Investment Management LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth about $4,137,000. Park Avenue Securities LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 13.4% during the 4th quarter. Park Avenue Securities LLC now owns 211,996 shares of the company’s stock worth $17,017,000 after purchasing an additional 25,061 shares in the last quarter. Finally, Pines Wealth Management LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at about $622,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ:VCIT opened at $80.00 on Thursday. The company’s 50-day moving average price is $80.94 and its two-hundred day moving average price is $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 declared a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were issued a dividend of $0.3119 per share. 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.

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.