Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Purchased by Redmont Wealth Advisors LLC

Redmont Wealth Advisors LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 24.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 27,618 shares of the company’s stock after purchasing an additional 5,368 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up about 3.3% of Redmont Wealth Advisors LLC’s holdings, making the stock its 7th biggest position. Redmont Wealth Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,245,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of VCIT. Charles Schwab Investment Advisory Inc. lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 4.3% in the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 54,490,316 shares of the company’s stock worth $4,688,347,000 after purchasing an additional 2,231,681 shares during the last quarter. Meiji Yasuda Life Insurance Co lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 27.7% in the first quarter. Meiji Yasuda Life Insurance Co now owns 17,339,000 shares of the company’s stock worth $1,491,848,000 after buying an additional 3,759,000 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 16.3% during the 2nd quarter. Goldman Sachs Group Inc. now owns 10,856,427 shares of the company’s stock worth $857,983,000 after buying an additional 1,525,051 shares during the period. Royal Bank of Canada boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 22.2% during the 3rd quarter. Royal Bank of Canada now owns 10,642,263 shares of the company’s stock worth $808,597,000 after buying an additional 1,933,732 shares during the period. Finally, LPL Financial LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.8% in the 3rd quarter. LPL Financial LLC now owns 10,439,091 shares of the company’s stock valued at $793,162,000 after buying an additional 385,801 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.2 %

VCIT stock traded up $0.12 during mid-day trading on Friday, reaching $78.27. 5,254,010 shares of the stock traded hands, compared to its average volume of 8,081,825. The business has a 50-day moving average of $79.74 and a two-hundred day moving average of $78.82. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $73.78 and a 52 week high of $81.65.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were given a $0.2944 dividend. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.28. The ex-dividend date was Monday, April 1st.

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.