Inman Jager Wealth Management LLC Increases Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Inman Jager Wealth Management LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 25.3% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 12,377 shares of the company’s stock after buying an additional 2,501 shares during the period. Inman Jager Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,012,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Fisher Asset Management LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 4.8% during the 4th quarter. Fisher Asset Management LLC now owns 92,783,951 shares of the company’s stock valued at $7,447,768,000 after acquiring an additional 4,289,340 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth approximately $323,370,000. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.3% during the fourth quarter. JPMorgan Chase & Co. now owns 50,189,734 shares of the company’s stock worth $4,028,730,000 after purchasing an additional 2,992,971 shares during the period. Bank of America Corp DE grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 4.5% in the 4th quarter. Bank of America Corp DE now owns 63,704,527 shares of the company’s stock valued at $5,113,562,000 after buying an additional 2,752,661 shares during the last quarter. Finally, American Family Investments Inc. grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 51.9% in the 4th quarter. American Family Investments Inc. now owns 2,677,000 shares of the company’s stock valued at $214,883,000 after buying an additional 915,000 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT opened at $82.41 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $78.66 and a 1 year high of $84.26. The company’s fifty day moving average is $81.26 and its two-hundred day moving average is $80.99.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd were paid a dividend of $0.328 per share. This represents a $3.94 dividend on an annualized basis and a dividend yield of 4.78%. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date of this dividend was Monday, June 2nd.

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.