Bray Capital Advisors Has $5.85 Million Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Bray Capital Advisors lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 72,827 shares of the company’s stock after buying an additional 2,726 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up about 1.6% of Bray Capital Advisors’ holdings, making the stock its 15th largest holding. Bray Capital Advisors’ holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $5,846,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Morningstar Investment Management LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at approximately $48,062,000. Auour Investments LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.9% during the 4th quarter. Auour Investments LLC now owns 60,258 shares of the company’s stock worth $4,869,000 after purchasing an additional 2,800 shares in the last quarter. Concurrent Investment Advisors LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.6% in the 4th quarter. Concurrent Investment Advisors LLC now owns 254,012 shares of the company’s stock valued at $20,390,000 after buying an additional 24,270 shares during the last quarter. Meitav Investment House Ltd. grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 30.9% in the fourth quarter. Meitav Investment House Ltd. now owns 6,024 shares of the company’s stock valued at $483,000 after buying an additional 1,422 shares in the last quarter. Finally, Bryn Mawr Capital Management LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 9.0% in the fourth quarter. Bryn Mawr Capital Management LLC now owns 32,977 shares of the company’s stock valued at $2,647,000 after buying an additional 2,713 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.2 %

NASDAQ VCIT opened at $80.95 on Friday. The firm’s fifty day moving average price is $80.45 and its two-hundred day moving average price is $81.71. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $77.80 and a 1 year high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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