Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Purchased by Titleist Asset Management LLC

Titleist Asset Management LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 25.4% during the fourth quarter, HoldingsChannel reports. The firm owned 15,011 shares of the company’s stock after purchasing an additional 3,043 shares during the period. Titleist Asset Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,205,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 0.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 10,405,350 shares of the company’s stock valued at $835,237,000 after acquiring an additional 64,467 shares during the last quarter. Resona Asset Management Co. Ltd. purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth approximately $4,405,000. Wells Fargo & Company MN boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 10.2% during the fourth quarter. Wells Fargo & Company MN now owns 9,154,276 shares of the company’s stock worth $734,814,000 after buying an additional 845,313 shares during the last quarter. Leeward Financial Partners LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 13.6% in the 4th quarter. Leeward Financial Partners LLC now owns 19,466 shares of the company’s stock valued at $1,563,000 after buying an additional 2,325 shares in the last quarter. Finally, Hurlow Wealth Management Group Inc. increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.9% in the 4th quarter. Hurlow Wealth Management Group Inc. now owns 116,031 shares of the company’s stock worth $9,314,000 after acquiring an additional 6,453 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT stock opened at $81.79 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $77.80 and a twelve month high of $84.26. The company’s 50-day moving average price is $81.24 and its 200-day moving average price is $81.42.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were issued a $0.3189 dividend. This represents a $3.83 annualized dividend and a yield of 4.68%. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date of this dividend was Tuesday, April 1st.

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.