Wealth Enhancement Advisory Services LLC Acquires 50,562 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Wealth Enhancement Advisory Services LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 14.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 399,219 shares of the company’s stock after purchasing an additional 50,562 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.06% of Vanguard Intermediate-Term Corporate Bond ETF worth $33,513,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of VCIT. Brighton Jones LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 107.9% during the 4th quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock valued at $716,000 after acquiring an additional 4,627 shares during the last quarter. AlphaCore Capital LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 187.0% during the second quarter. AlphaCore Capital LLC now owns 1,587 shares of the company’s stock valued at $132,000 after purchasing an additional 1,034 shares during the last quarter. American Century Companies Inc. raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.0% during the second quarter. American Century Companies Inc. now owns 785,000 shares of the company’s stock valued at $65,092,000 after purchasing an additional 44,300 shares during the last quarter. Prudential Financial Inc. bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter valued at approximately $15,619,000. Finally, Weik Capital Management lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 8.7% during the second quarter. Weik Capital Management now owns 33,484 shares of the company’s stock valued at $2,776,000 after purchasing an additional 2,671 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT stock opened at $82.55 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $78.66 and a 12-month high of $84.84. The firm’s 50 day moving average is $83.82 and its 200 day moving average is $83.97.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a $0.3026 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date was Monday, March 2nd.

Vanguard Intermediate-Term Corporate Bond ETF Company 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. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.