Lincoln National Corp Raises Stock Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Lincoln National Corp boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 59.0% during the 4th quarter, Holdings Channel reports. The firm owned 29,130 shares of the company’s stock after acquiring an additional 10,813 shares during the quarter. Lincoln National Corp’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,368,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Cullen Frost Bankers Inc. grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 740.5% during the third quarter. Cullen Frost Bankers Inc. now owns 353 shares of the company’s stock worth $27,000 after buying an additional 311 shares in the last quarter. CarsonAllaria Wealth Management Ltd. purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at about $32,000. Evolution Advisers Inc. purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at about $35,000. AdvisorNet Financial Inc boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 344.8% during the fourth quarter. AdvisorNet Financial Inc now owns 516 shares of the company’s stock worth $42,000 after buying an additional 400 shares during the period. Finally, Gradient Investments LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 56.3% during the fourth quarter. Gradient Investments LLC now owns 791 shares of the company’s stock worth $64,000 after buying an additional 285 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.1 %

VCIT stock traded down $0.09 during mid-day trading on Wednesday, hitting $79.32. 1,446,793 shares of the company were exchanged, compared to its average volume of 7,923,653. The business has a fifty day simple moving average of $79.45 and a 200-day simple moving average of $79.22. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $73.78 and a 12-month high of $81.65.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd were given a dividend of $0.2919 per share. The ex-dividend date was Wednesday, May 1st.

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.