Elm3 Financial Group LLC Invests $1.41 Million in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Elm3 Financial Group LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the fourth quarter, HoldingsChannel reports. The fund bought 17,602 shares of the company’s stock, valued at approximately $1,413,000. Vanguard Intermediate-Term Corporate Bond ETF accounts for 1.2% of Elm3 Financial Group LLC’s portfolio, making the stock its 21st largest position.

Other hedge funds have also recently added to or reduced their stakes in the company. Financial Advocates Investment Management raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.5% in the fourth quarter. Financial Advocates Investment Management now owns 117,012 shares of the company’s stock valued at $9,393,000 after buying an additional 2,820 shares during the last quarter. Trilogy Capital Inc. increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 12.9% in the 4th quarter. Trilogy Capital Inc. now owns 7,998 shares of the company’s stock valued at $642,000 after acquiring an additional 913 shares during the period. Robertson Stephens Wealth Management LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 33.0% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 833,460 shares of the company’s stock valued at $66,902,000 after acquiring an additional 206,977 shares during the last quarter. Inman Jager Wealth Management LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth approximately $793,000. Finally, Summit Wealth Partners LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.6% in the 4th quarter. Summit Wealth Partners LLC now owns 20,650 shares of the company’s stock valued at $1,658,000 after purchasing an additional 1,091 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.04 on Thursday. The business has a 50 day simple moving average of $80.74 and a 200-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 company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were given a dividend of $0.3129 per share. The ex-dividend date was Monday, February 3rd. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.31.

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.