Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) is Oakwell Private Wealth Management LLC’s 7th Largest Position

Oakwell Private Wealth Management LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 14.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 142,064 shares of the company’s stock after acquiring an additional 17,976 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 3.2% of Oakwell Private Wealth Management LLC’s portfolio, making the stock its 7th largest holding. Oakwell Private Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $11,403,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of VCIT. Providence Capital Advisors LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth approximately $25,000. Midwest Capital Advisors LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth $33,000. Nvwm LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 42.6% in the fourth quarter. Nvwm LLC now owns 499 shares of the company’s stock worth $40,000 after acquiring an additional 149 shares during the period. Sound Income Strategies LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 50.7% in the fourth 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 period. Finally, Field & Main Bank purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at $52,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCIT opened at $81.79 on Wednesday. The stock’s 50-day simple moving average is $80.45 and its two-hundred 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 firm also recently disclosed a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued 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 of this dividend 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.