Lifeworks Advisors LLC Raises Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Lifeworks Advisors LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 75.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 10,165 shares of the company’s stock after acquiring an additional 4,357 shares during the period. Lifeworks Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $816,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. PNC Financial Services Group Inc. increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 4.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,817,496 shares of the company’s stock worth $306,430,000 after purchasing an additional 170,893 shares during the period. RKL Wealth Management LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 6.3% during the fourth quarter. RKL Wealth Management LLC now owns 234,318 shares of the company’s stock worth $18,809,000 after purchasing an additional 13,864 shares during the period. Oak Hill Wealth Advisors LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 204.7% during the fourth quarter. Oak Hill Wealth Advisors LLC now owns 130,013 shares of the company’s stock worth $10,436,000 after purchasing an additional 254,165 shares during the period. Destination Wealth Management purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth about $255,000. Finally, Ashton Thomas Private Wealth LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 41.6% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 12,667 shares of the company’s stock worth $1,017,000 after purchasing an additional 3,720 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.1 %

Shares of NASDAQ:VCIT opened at $81.33 on Friday. The firm’s 50-day moving average is $80.67 and its two-hundred day moving average is $81.67. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $77.80 and a 1 year high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.2865 per share. The ex-dividend date was Monday, March 3rd.

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.