Covington Investment Advisors Inc. Has $7.95 Million Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Covington Investment Advisors Inc. raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 99,091 shares of the company’s stock after acquiring an additional 1,224 shares during the period. Covington Investment Advisors Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $7,954,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the business. Marshall Financial Group Inc. ADV lifted its position in 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 acquiring an additional 2,139 shares in the last quarter. Brookstone Capital Management boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 39.8% during the fourth quarter. Brookstone Capital Management now owns 43,401 shares of the company’s stock worth $3,484,000 after buying an additional 12,357 shares during the period. Arkadios Wealth Advisors bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth about $281,000. Timonier Family Office LTD. bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth about $725,000. Finally, Urban Financial Advisory Corp acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at approximately $158,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT stock opened at $81.24 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $77.80 and a 12 month high of $84.26. The company’s fifty day simple moving average is $81.07 and its 200-day simple moving average is $81.52.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a $0.2865 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.