Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) is Arista Wealth Management LLC’s 4th Largest Position

Arista Wealth Management LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 166.5% during the second quarter, HoldingsChannel reports. The institutional investor owned 473,542 shares of the company’s stock after buying an additional 295,880 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 10.0% of Arista Wealth Management LLC’s holdings, making the stock its 4th biggest position. Arista Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $37,850,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the company. Insight Advisors LLC PA purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at about $228,000. 1832 Asset Management L.P. acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth approximately $62,056,000. Capital Asset Advisory Services LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 12.4% in the first quarter. Capital Asset Advisory Services LLC now owns 17,337 shares of the company’s stock valued at $1,379,000 after purchasing an additional 1,919 shares during the period. CIBC Private Wealth Group LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 13.5% during the fourth quarter. CIBC Private Wealth Group LLC now owns 9,475 shares of the company’s stock worth $770,000 after purchasing an additional 1,128 shares during the last quarter. Finally, Novak & Powell Financial Services Inc. purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth approximately $1,463,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.1 %

NASDAQ:VCIT opened at $83.94 on Friday. The firm’s fifty day moving average price is $82.39 and its 200 day moving average price is $80.62. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $73.78 and a 1-year high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were issued a $0.301 dividend. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29. The ex-dividend date was Tuesday, September 3rd.

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.