Sovran Advisors LLC Makes New $1.26 Million Investment in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Sovran Advisors LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 15,940 shares of the company’s stock, valued at approximately $1,263,000.

Other hedge funds have also modified their holdings of the company. Providence Capital Advisors LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at approximately $25,000. Bull Oak Capital LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter valued at $27,000. Sound Income Strategies LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 73.9% in the third quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock valued at $30,000 after purchasing an additional 150 shares during the last quarter. Nvwm LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 42.6% during the 4th quarter. Nvwm LLC now owns 499 shares of the company’s stock valued at $40,000 after buying an additional 149 shares during the last quarter. Finally, Field & Main Bank acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at about $52,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.1 %

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $80.70 on Tuesday. The business’s 50-day moving average price is $80.67 and its 200 day moving average price is $81.76. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $77.80 and a 52 week high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.3129 per share. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.31. The ex-dividend date was Monday, February 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.