Migdal Insurance & Financial Holdings Ltd. Increases Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Migdal Insurance & Financial Holdings Ltd. raised its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 118.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 57,256 shares of the company’s stock after purchasing an additional 31,077 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,654,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VCIT. Divergent Planning LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.3% during the fourth quarter. Divergent Planning LLC now owns 238,968 shares of the company’s stock worth $19,323,000 after acquiring an additional 7,577 shares during the period. Evergreen Advisors LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.2% during the third quarter. Evergreen Advisors LLC now owns 420,429 shares of the company’s stock worth $31,944,000 after acquiring an additional 8,866 shares during the period. Total Clarity Wealth Management Inc. purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth $316,000. Facet Wealth Inc. increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 11.9% during the third quarter. Facet Wealth Inc. now owns 788,101 shares of the company’s stock worth $58,674,000 after acquiring an additional 84,059 shares during the period. Finally, Newton One Investments LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth $14,319,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT stock traded up $0.42 on Wednesday, reaching $78.41. 6,780,403 shares of the stock were exchanged, compared to its average volume of 8,097,725. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $73.78 and a twelve month high of $81.65. The business’s 50 day moving average price is $79.81 and its 200 day moving average price is $78.83.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were paid a $0.2944 dividend. The ex-dividend date of this dividend was Monday, April 1st. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.28.

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.