Root Financial Partners LLC Invests $364,000 in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Root Financial Partners LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 4,530 shares of the company’s stock, valued at approximately $364,000.

A number of other hedge funds also recently bought and sold shares of the company. MidAtlantic Capital Management Inc. grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 54.9% during the 4th quarter. MidAtlantic Capital Management Inc. now owns 1,196 shares of the company’s stock valued at $96,000 after purchasing an additional 424 shares during the period. Aries Wealth Management boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 12.5% in the fourth quarter. Aries Wealth Management now owns 36,076 shares of the company’s stock worth $2,896,000 after buying an additional 4,014 shares during the last quarter. Life Planning Partners Inc grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 7,732.2% during the fourth quarter. Life Planning Partners Inc now owns 2,308,083 shares of the company’s stock valued at $185,270,000 after buying an additional 2,278,614 shares during the period. Hudock Inc. increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 0.5% during the fourth quarter. Hudock Inc. now owns 461,030 shares of the company’s stock valued at $37,007,000 after buying an additional 2,157 shares during the last quarter. Finally, Morris Financial Concepts Inc. raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 0.9% in the fourth quarter. Morris Financial Concepts Inc. now owns 22,824 shares of the company’s stock worth $1,832,000 after acquiring an additional 214 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT stock opened at $80.68 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $77.80 and a 1 year high of $84.25. The firm has a fifty 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 business 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 was Monday, February 3rd. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.31.

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.