Cordatus Wealth Management LLC Purchases New Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Cordatus Wealth Management LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 8,414 shares of the company’s stock, valued at approximately $675,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 2.5% in the third quarter. JPMorgan Chase & Co. now owns 47,196,763 shares of the company’s stock valued at $3,952,729,000 after buying an additional 1,165,222 shares during the last quarter. LPL Financial LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.6% in the third quarter. LPL Financial LLC now owns 10,738,931 shares of the company’s stock valued at $899,385,000 after buying an additional 375,394 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.2% in the third quarter. PNC Financial Services Group Inc. now owns 3,646,603 shares of the company’s stock valued at $305,403,000 after buying an additional 113,864 shares during the last quarter. International Assets Investment Management LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 16,198.3% during the third quarter. International Assets Investment Management LLC now owns 2,382,811 shares of the company’s stock worth $199,560,000 after purchasing an additional 2,368,191 shares during the last quarter. Finally, Life Planning Partners Inc raised its stake in shares of 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 worth $185,270,000 after purchasing an additional 2,278,614 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $80.95 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $77.80 and a 12 month high of $84.25. The business has a 50 day simple moving average of $80.45 and a 200-day simple moving average of $81.71.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.3129 per share. The ex-dividend date was Monday, February 3rd. This is a boost 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.