Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Purchased by Morris Financial Concepts Inc.

Morris Financial Concepts Inc. boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 0.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 22,824 shares of the company’s stock after buying an additional 214 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up 0.8% of Morris Financial Concepts Inc.’s portfolio, making the stock its 19th biggest holding. Morris Financial Concepts Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,832,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VCIT. Marshall Financial Group Inc. ADV lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 6.5% during the fourth quarter. Marshall Financial Group Inc. ADV now owns 35,148 shares of the company’s stock valued at $2,821,000 after buying an additional 2,139 shares in the last quarter. Kingsview Wealth Management LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 0.8% during the 3rd quarter. Kingsview Wealth Management LLC now owns 16,824 shares of the company’s stock worth $1,409,000 after purchasing an additional 139 shares during the period. Global Wealth Management Investment Advisory Inc. raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 4.1% in the third quarter. Global Wealth Management Investment Advisory Inc. now owns 207,407 shares of the company’s stock valued at $17,370,000 after purchasing an additional 8,099 shares during the period. SG Americas Securities LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at about $462,000. Finally, Haverford Trust Co acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at about $380,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ VCIT opened at $80.22 on Thursday. 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 business has a 50 day moving average price of $80.62 and a two-hundred day moving average price of $81.76.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

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.