Davidson Capital Management Inc. Purchases 132,551 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Davidson Capital Management Inc. lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 27.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 619,269 shares of the company’s stock after buying an additional 132,551 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up 15.3% of Davidson Capital Management Inc.’s investment portfolio, making the stock its 2nd largest position. Davidson Capital Management Inc. owned about 0.11% of Vanguard Intermediate-Term Corporate Bond ETF worth $49,498,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Insight Advisors LLC PA purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth about $228,000. 1832 Asset Management L.P. acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at about $62,056,000. Capital Asset Advisory Services LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 12.4% during the 1st quarter. Capital Asset Advisory Services LLC now owns 17,337 shares of the company’s stock worth $1,379,000 after acquiring an additional 1,919 shares during the period. CIBC Private Wealth Group LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 13.5% during the 4th quarter. CIBC Private Wealth Group LLC now owns 9,475 shares of the company’s stock worth $770,000 after acquiring an additional 1,128 shares during the period. Finally, Novak & Powell Financial Services Inc. acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth approximately $1,463,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.1 %

Shares of VCIT stock opened at $83.88 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $73.78 and a one year high of $84.25. The company has a 50 day moving average price of $82.33 and a 200 day moving average price of $80.59.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.301 per share. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29. The ex-dividend date was Tuesday, September 3rd.

Vanguard Intermediate-Term Corporate Bond ETF Profile

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.