Benjamin F. Edwards & Company Inc. Grows Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Benjamin F. Edwards & Company Inc. grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 34.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 485,940 shares of the company’s stock after buying an additional 124,027 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for 0.8% of Benjamin F. Edwards & Company Inc.’s investment portfolio, making the stock its 23rd biggest position. Benjamin F. Edwards & Company Inc. owned approximately 0.09% of Vanguard Intermediate-Term Corporate Bond ETF worth $39,498,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cullen Frost Bankers Inc. lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 740.5% during the third quarter. Cullen Frost Bankers Inc. now owns 353 shares of the company’s stock worth $27,000 after purchasing an additional 311 shares in the last quarter. CarsonAllaria Wealth Management Ltd. acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth about $32,000. Evolution Advisers Inc. acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth about $35,000. AdvisorNet Financial Inc lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 344.8% in the fourth quarter. AdvisorNet Financial Inc now owns 516 shares of the company’s stock worth $42,000 after acquiring an additional 400 shares in the last quarter. Finally, Gradient Investments LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 56.3% in the fourth quarter. Gradient Investments LLC now owns 791 shares of the company’s stock valued at $64,000 after buying an additional 285 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.6 %

Shares of NASDAQ:VCIT traded up $0.45 during trading on Thursday, hitting $78.80. 8,400,882 shares of the company traded hands, compared to its average volume of 8,064,368. The business’s fifty day moving average is $79.49 and its 200-day moving average is $79.05. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $73.78 and a one year high of $81.65.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, May 6th. Shareholders of record on Thursday, May 2nd will be given a $0.2919 dividend. The ex-dividend date is Wednesday, May 1st.

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.