Life Planning Partners Inc Buys 2,278,614 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Life Planning Partners Inc raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 7,732.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,308,083 shares of the company’s stock after purchasing an additional 2,278,614 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 1.4% of Life Planning Partners Inc’s investment portfolio, making the stock its 14th largest position. Life Planning Partners Inc owned approximately 0.38% of Vanguard Intermediate-Term Corporate Bond ETF worth $185,270,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of VCIT. Providence Capital Advisors LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at about $25,000. Bull Oak Capital LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth $27,000. Nvwm LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 42.6% during the fourth quarter. Nvwm LLC now owns 499 shares of the company’s stock valued at $40,000 after acquiring an additional 149 shares in the last quarter. Sound Income Strategies LLC increased its holdings in 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 valued at $43,000 after acquiring an additional 179 shares during the last quarter. Finally, Field & Main Bank purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth $52,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $80.68 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $77.80 and a twelve month high of $84.25. The business has a 50-day moving average price of $80.59 and a 200-day moving average price of $81.75.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

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.