Wealth Enhancement Advisory Services LLC Grows Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Wealth Enhancement Advisory Services LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 0.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 199,247 shares of the company’s stock after purchasing an additional 671 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $16,687,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of VCIT. JPMorgan Chase & Co. lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 2.5% in the third quarter. JPMorgan Chase & Co. now owns 47,196,763 shares of the company’s stock worth $3,952,729,000 after purchasing an additional 1,165,222 shares during the last quarter. Creative Planning lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.7% in the 3rd quarter. Creative Planning now owns 24,067,807 shares of the company’s stock valued at $2,015,679,000 after acquiring an additional 395,318 shares during the last quarter. LPL Financial LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 3.6% during the 3rd quarter. LPL Financial LLC now owns 10,738,931 shares of the company’s stock valued at $899,385,000 after acquiring an additional 375,394 shares during the period. Envestnet Asset Management Inc. grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 41.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 10,027,030 shares of the company’s stock worth $801,460,000 after acquiring an additional 2,914,442 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.2% in the 3rd quarter. PNC Financial Services Group Inc. now owns 3,646,603 shares of the company’s stock worth $305,403,000 after purchasing an additional 113,864 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ:VCIT opened at $79.39 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $77.80 and a fifty-two week high of $84.25. The business has a 50 day moving average price of $81.02 and a 200-day moving average price of $81.76.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were given a dividend of $0.3119 per share. The ex-dividend date of this dividend was Tuesday, December 24th. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.30.

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.