Veridan Wealth LLC Makes New Investment in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Veridan Wealth LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 55,592 shares of the company’s stock, valued at approximately $4,474,000. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 2.1% of Veridan Wealth LLC’s portfolio, making the stock its 14th biggest position.

A number of other large investors have also recently modified their holdings of VCIT. Providence Capital Advisors LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at approximately $25,000. Midwest Capital Advisors LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth $33,000. Nvwm LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 42.6% during the 4th quarter. Nvwm LLC now owns 499 shares of the company’s stock valued at $40,000 after buying an additional 149 shares in the last quarter. Sound Income Strategies LLC lifted its holdings 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 during the last quarter. Finally, Field & Main Bank purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth $52,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT opened at $81.75 on Friday. The business’s fifty day simple moving average is $80.51 and its 200 day simple moving average is $81.71. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $77.80 and a 52 week high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

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.