Summit Wealth Partners LLC Has $1.66 Million Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Summit Wealth Partners LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 5.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,650 shares of the company’s stock after acquiring an additional 1,091 shares during the quarter. Summit Wealth Partners LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,658,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VCIT. Marshall Financial Group Inc. ADV boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.5% in the 4th quarter. Marshall Financial Group Inc. ADV now owns 35,148 shares of the company’s stock valued at $2,821,000 after purchasing an additional 2,139 shares in the last quarter. 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. Global Wealth Management Investment Advisory Inc. grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.1% in the 3rd quarter. Global Wealth Management Investment Advisory Inc. now owns 207,407 shares of the company’s stock worth $17,370,000 after acquiring an additional 8,099 shares in the last quarter. SG Americas Securities LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter valued at about $462,000. Finally, Haverford Trust Co purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter valued at about $380,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.04 on Thursday. The company’s 50-day moving average price is $80.74 and its 200-day moving average price is $81.76. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $77.80 and a 12-month high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

Vanguard Intermediate-Term Corporate Bond ETF Company 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.