Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Acquired by Great Valley Advisor Group Inc.

Great Valley Advisor Group Inc. raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 10.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 1,588,291 shares of the company’s stock after purchasing an additional 151,858 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 2.9% of Great Valley Advisor Group Inc.’s portfolio, making the stock its 2nd biggest holding. Great Valley Advisor Group Inc. owned about 0.26% of Vanguard Intermediate-Term Corporate Bond ETF worth $127,492,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in VCIT. Geneos Wealth Management Inc. raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 1.9% during the fourth quarter. Geneos Wealth Management Inc. now owns 7,424 shares of the company’s stock valued at $596,000 after purchasing an additional 138 shares in the last quarter. Stablepoint Partners LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.7% during the 4th quarter. Stablepoint Partners LLC now owns 5,448 shares of the company’s stock valued at $437,000 after purchasing an additional 144 shares during the last quarter. Nvwm LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 42.6% during the 4th quarter. Nvwm LLC now owns 499 shares of the company’s stock valued at $40,000 after purchasing an additional 149 shares during the last quarter. Petra Financial Advisors Inc. raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.7% during the 4th quarter. Petra Financial Advisors Inc. now owns 22,611 shares of the company’s stock valued at $1,815,000 after buying an additional 156 shares in the last quarter. Finally, Signaturefd LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 14.1% during the 4th quarter. Signaturefd LLC now owns 1,366 shares of the company’s stock valued at $110,000 after buying an additional 169 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.1%

Shares of NASDAQ VCIT opened at $80.92 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $78.66 and a one year high of $84.26. The firm’s 50 day simple moving average is $81.00 and its two-hundred day simple moving average is $80.97.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, May 5th. Stockholders of record on Thursday, May 1st were given a $0.3151 dividend. This represents a $3.78 annualized dividend and a dividend yield of 4.67%. The ex-dividend date of this dividend was Thursday, 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.