Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Acquired by Wells Fargo & Company MN

Wells Fargo & Company MN boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 10.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,154,276 shares of the company’s stock after purchasing an additional 845,313 shares during the period. Wells Fargo & Company MN owned about 1.51% of Vanguard Intermediate-Term Corporate Bond ETF worth $734,814,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of VCIT. Geneos Wealth Management Inc. increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.9% in the 4th quarter. Geneos Wealth Management Inc. now owns 7,424 shares of the company’s stock worth $596,000 after purchasing an additional 138 shares during the last quarter. Capital Investment Advisors LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 4.6% in the fourth quarter. Capital Investment Advisors LLC now owns 3,307 shares of the company’s stock valued at $265,000 after buying an additional 144 shares during the last quarter. Stablepoint Partners LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 2.7% during the fourth quarter. Stablepoint Partners LLC now owns 5,448 shares of the company’s stock valued at $437,000 after buying an additional 144 shares in the last quarter. Nvwm LLC raised 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 buying an additional 149 shares in the last quarter. Finally, Petra Financial Advisors Inc. lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 0.7% during the 4th quarter. Petra Financial Advisors Inc. now owns 22,611 shares of the company’s stock worth $1,815,000 after buying an additional 156 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.3 %

Shares of NASDAQ VCIT opened at $81.79 on Friday. The business has a 50 day simple moving average of $81.24 and a 200-day simple moving average of $81.44. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $77.80 and a twelve month high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were issued a dividend of $0.3189 per share. This represents a $3.83 dividend on an annualized basis and a dividend yield of 4.68%. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date of this dividend was Tuesday, April 1st.

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.