Envision Financial LLC Invests $3.41 Million in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Envision Financial LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 42,443 shares of the company’s stock, valued at approximately $3,407,000. Vanguard Intermediate-Term Corporate Bond ETF comprises 2.7% of Envision Financial LLC’s portfolio, making the stock its 13th largest holding.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Providence Capital Advisors LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at approximately $25,000. Bull Oak Capital LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth approximately $27,000. Sound Income Strategies LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 73.9% during the third quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock valued at $30,000 after purchasing an additional 150 shares during the period. GAMMA Investing LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at approximately $65,000. Finally, MidAtlantic Capital Management Inc. acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth $65,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT traded down $0.13 during trading hours on Monday, reaching $79.26. The stock had a trading volume of 3,610,680 shares, compared to its average volume of 6,074,303. The firm has a 50-day moving average of $81.02 and a 200 day moving average of $81.77. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $77.80 and a 52 week high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were paid a $0.3119 dividend. The ex-dividend date was Tuesday, December 24th. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.30.

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.