Luminvest Wealth Management LLC Boosts Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Luminvest Wealth Management LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 8.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 176,953 shares of the company’s stock after purchasing an additional 14,132 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 5.7% of Luminvest Wealth Management LLC’s holdings, making the stock its 7th biggest holding. Luminvest Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $14,205,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of VCIT. Providence Capital Advisors LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the third quarter valued at $25,000. Bull Oak Capital LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth about $27,000. Sound Income Strategies LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 73.9% in the 3rd quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock valued at $30,000 after buying an additional 150 shares in the last quarter. Nvwm LLC increased its stake in 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 period. Finally, Field & Main Bank bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth about $52,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.3 %

Shares of NASDAQ:VCIT opened at $80.64 on Monday. The company has a 50 day moving average of $80.67 and a 200-day moving average of $81.75. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $77.80 and a twelve month 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. Shareholders of record on Monday, February 3rd were given a $0.3129 dividend. This is an increase 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.