Aries Wealth Management Acquires 4,014 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Aries Wealth Management grew its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 12.5% during the fourth quarter, HoldingsChannel reports. The fund owned 36,076 shares of the company’s stock after acquiring an additional 4,014 shares during the quarter. Aries Wealth Management’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,896,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Providence Capital Advisors LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at about $25,000. Bull Oak Capital LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at about $27,000. Nvwm LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 42.6% in the 4th quarter. Nvwm LLC now owns 499 shares of the company’s stock worth $40,000 after buying an additional 149 shares during the last quarter. Sound Income Strategies LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 50.7% during the 4th quarter. Sound Income Strategies LLC now owns 532 shares of the company’s stock worth $43,000 after acquiring an additional 179 shares in the last quarter. Finally, Field & Main Bank purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at approximately $52,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT opened at $80.68 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $77.80 and a twelve month high of $84.25. The company has a 50 day moving average of $80.59 and a two-hundred day moving average of $81.75.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a dividend of $0.3129 per share. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.31. The ex-dividend date was Monday, February 3rd.

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.