Modera Wealth Management LLC Purchases 33,981 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Modera Wealth Management LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 18.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 218,994 shares of the company’s stock after acquiring an additional 33,981 shares during the quarter. Modera Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $17,579,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in VCIT. Gladstone Institutional Advisory LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 38.4% during the 3rd quarter. Gladstone Institutional Advisory LLC now owns 38,511 shares of the company’s stock worth $3,225,000 after buying an additional 10,676 shares during the period. CacheTech Inc. increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.3% in the third quarter. CacheTech Inc. now owns 74,529 shares of the company’s stock valued at $6,242,000 after buying an additional 6,946 shares during the period. Lowe Brockenbrough & Co. Inc. raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.7% during the third quarter. Lowe Brockenbrough & Co. Inc. now owns 48,713 shares of the company’s stock worth $4,080,000 after acquiring an additional 4,711 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 72.4% in the third quarter. Farther Finance Advisors LLC now owns 48,890 shares of the company’s stock worth $4,095,000 after acquiring an additional 20,526 shares during the period. Finally, Chicago Partners Investment Group LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 21.7% in the third quarter. Chicago Partners Investment Group LLC now owns 19,749 shares of the company’s stock valued at $1,614,000 after acquiring an additional 3,519 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ:VCIT opened at $82.04 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $77.80 and a fifty-two week high of $84.25. The company has a 50 day simple moving average of $80.54 and a two-hundred day simple moving average of $81.70.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid a dividend of $0.3129 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.31.

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.