Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Purchased by Morris Financial Concepts Inc.

Morris Financial Concepts Inc. raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 0.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 22,824 shares of the company’s stock after purchasing an additional 214 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 0.8% of Morris Financial Concepts Inc.’s portfolio, making the stock its 19th largest holding. Morris Financial Concepts Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,832,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of VCIT. Providence Capital Advisors LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at approximately $25,000. Bull Oak Capital LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at approximately $27,000. Nvwm LLC boosted its stake 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 worth $40,000 after acquiring an additional 149 shares in the last quarter. Sound Income Strategies LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 50.7% in the 4th quarter. Sound Income Strategies LLC now owns 532 shares of the company’s stock worth $43,000 after acquiring an additional 179 shares during the period. Finally, Field & Main Bank purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at approximately $52,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.4 %

NASDAQ VCIT opened at $80.22 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $77.80 and a 1-year high of $84.25. The business has a 50 day moving average price of $80.62 and a 200 day moving average price of $81.76.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid a $0.3129 dividend. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.31. The ex-dividend date of this dividend was Monday, February 3rd.

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.