Iron Horse Wealth Management LLC Has $22.88 Million Stock Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Iron Horse Wealth Management LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 285,075 shares of the company’s stock after acquiring an additional 13,423 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 7.7% of Iron Horse Wealth Management LLC’s holdings, making the stock its 3rd largest position. Iron Horse Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $22,883,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Marshall Financial Group Inc. ADV boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 6.5% during the 4th quarter. Marshall Financial Group Inc. ADV now owns 35,148 shares of the company’s stock valued at $2,821,000 after purchasing an additional 2,139 shares during the period. Kingsview Wealth Management LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.8% in the third quarter. Kingsview Wealth Management LLC now owns 16,824 shares of the company’s stock valued at $1,409,000 after acquiring an additional 139 shares during the period. Global Wealth Management Investment Advisory Inc. grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.1% in the third quarter. Global Wealth Management Investment Advisory Inc. now owns 207,407 shares of the company’s stock worth $17,370,000 after acquiring an additional 8,099 shares during the last quarter. SG Americas Securities LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth $462,000. Finally, Haverford Trust Co acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at $380,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $80.90 on Friday. The firm has a fifty day moving average price of $80.72 and a two-hundred day moving average price of $81.75. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $77.80 and a fifty-two week high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid a $0.3129 dividend. 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.