54,575 Shares in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Acquired by Modern Wealth Management LLC

Modern Wealth Management LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 54,575 shares of the company’s stock, valued at approximately $4,404,000.

A number of other large investors also recently bought and sold shares of VCIT. Geneos Wealth Management Inc. raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 1.9% in the fourth quarter. Geneos Wealth Management Inc. now owns 7,424 shares of the company’s stock valued at $596,000 after buying an additional 138 shares during the period. Kingsview Wealth Management LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 0.8% in the 3rd quarter. Kingsview Wealth Management LLC now owns 16,824 shares of the company’s stock valued at $1,409,000 after purchasing an additional 139 shares in the last quarter. Capital Investment Advisors LLC raised its position 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 purchasing an additional 144 shares during the period. Stablepoint Partners LLC lifted its stake in shares of 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 worth $437,000 after purchasing an additional 144 shares in the last quarter. Finally, Nvwm LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 42.6% during the fourth quarter. Nvwm LLC now owns 499 shares of the company’s stock worth $40,000 after purchasing an additional 149 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.47 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $77.80 and a one year high of $84.26. The stock’s 50 day moving average price is $81.02 and its 200 day moving average price is $81.53.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were paid a $0.2865 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.