Sowell Financial Services LLC Boosts Stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Sowell Financial Services LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 77,390 shares of the company’s stock after buying an additional 736 shares during the period. Sowell Financial Services LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $6,212,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Providence Capital Advisors LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at $25,000. Midwest Capital Advisors LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at $33,000. Nvwm LLC increased its stake in 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 buying an additional 149 shares during the period. Sound Income Strategies LLC lifted 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 worth $43,000 after buying an additional 179 shares in the last quarter. Finally, Field & Main Bank purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at about $52,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.33 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $77.80 and a 1-year high of $84.26. The business has a 50-day moving average of $80.67 and a 200-day moving average of $81.67.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.2865 per share. The ex-dividend date was Monday, March 3rd.

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.