Envision Financial LLC Invests $3.41 Million in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Envision Financial LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the fourth quarter, Holdings Channel reports. The fund acquired 42,443 shares of the company’s stock, valued at approximately $3,407,000. Vanguard Intermediate-Term Corporate Bond ETF accounts for 2.7% of Envision Financial LLC’s investment portfolio, making the stock its 13th biggest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Kingsview Wealth Management LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.8% during the 3rd 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. Breakwater Capital Group lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 0.9% during the third quarter. Breakwater Capital Group now owns 43,442 shares of the company’s stock worth $3,638,000 after purchasing an additional 388 shares during the period. Global Wealth Management Investment Advisory Inc. grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 4.1% during the third quarter. Global Wealth Management Investment Advisory Inc. now owns 207,407 shares of the company’s stock worth $17,370,000 after buying an additional 8,099 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at approximately $462,000. Finally, Haverford Trust Co bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth $380,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ:VCIT traded down $0.13 during trading hours on Monday, hitting $79.26. The company’s stock had a trading volume of 3,610,680 shares, compared to its average volume of 6,074,303. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $77.80 and a twelve month high of $84.25. The stock has a fifty day simple moving average of $81.02 and a 200-day simple moving average of $81.77.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were issued a $0.3119 dividend. The ex-dividend date was Tuesday, December 24th. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.30.

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.