Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Bought by Twele Capital Management Inc.

Twele Capital Management Inc. boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 11.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 6,999 shares of the company’s stock after acquiring an additional 745 shares during the quarter. Twele Capital Management Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $562,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in VCIT. Stephens Group Asset Management LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 202.2% during the fourth quarter. Stephens Group Asset Management LLC now owns 12,431 shares of the company’s stock worth $998,000 after buying an additional 8,318 shares during the period. Websterrogers Financial Advisors LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.9% in the 4th quarter. Websterrogers Financial Advisors LLC now owns 43,510 shares of the company’s stock valued at $3,493,000 after buying an additional 815 shares during the period. Apella Capital LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 58.0% during the 4th quarter. Apella Capital LLC now owns 237,702 shares of the company’s stock worth $19,080,000 after acquiring an additional 87,220 shares in the last quarter. Acropolis Investment Management LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at about $4,137,000. Finally, Park Avenue Securities LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 13.4% in the 4th quarter. Park Avenue Securities LLC now owns 211,996 shares of the company’s stock valued at $17,017,000 after acquiring an additional 25,061 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.9 %

Shares of NASDAQ:VCIT opened at $80.00 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $77.80 and a 1 year high of $84.25. The firm’s 50-day moving average is $80.94 and its two-hundred day moving average is $81.76.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were paid a dividend of $0.3119 per share. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.30. The ex-dividend date of this dividend was Tuesday, December 24th.

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.