Inman Jager Wealth Management LLC Makes New $793,000 Investment in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Inman Jager Wealth Management LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 9,876 shares of the company’s stock, valued at approximately $793,000.

Several other institutional investors have also modified their holdings of VCIT. JPMorgan Chase & Co. grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 2.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 47,196,763 shares of the company’s stock worth $3,952,729,000 after buying an additional 1,165,222 shares in the last quarter. Creative Planning lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.7% in the third quarter. Creative Planning now owns 24,067,807 shares of the company’s stock valued at $2,015,679,000 after purchasing an additional 395,318 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.6% in the third quarter. LPL Financial LLC now owns 10,738,931 shares of the company’s stock valued at $899,385,000 after purchasing an additional 375,394 shares in the last quarter. PNC Financial Services Group Inc. increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 3.2% during the third quarter. PNC Financial Services Group Inc. now owns 3,646,603 shares of the company’s stock worth $305,403,000 after buying an additional 113,864 shares during the last quarter. Finally, Blue Trust Inc. increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 2.3% during the third quarter. Blue Trust Inc. now owns 2,623,228 shares of the company’s stock worth $209,675,000 after buying an additional 59,941 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.04 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $77.80 and a one year high of $84.25. The company’s fifty day moving average price is $80.74 and its two-hundred day moving average price is $81.76.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were given a dividend of $0.3129 per share. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.31. The ex-dividend date of this dividend 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.