Inman Jager Wealth Management LLC Purchases 11,070 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Inman Jager Wealth Management LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 42.0% in the 1st quarter, HoldingsChannel reports. The fund owned 37,422 shares of the company’s stock after purchasing an additional 11,070 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 1.8% of Inman Jager Wealth Management LLC’s holdings, making the stock its 14th biggest position. Inman Jager Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,097,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in VCIT. Brown Brothers Harriman & Co. lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 136.1% during the fourth quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock valued at $29,000 after purchasing an additional 200 shares during the last quarter. HHM Wealth Advisors LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth about $29,000. Monetary Solutions Ltd purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth about $30,000. Richards Merrill & Peterson Inc. purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth about $30,000. Finally, Chapman Financial Group LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at approximately $31,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ VCIT opened at $82.96 on Tuesday. The company’s 50 day moving average is $82.56 and its 200-day moving average is $83.25. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $81.43 and a 12-month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were paid a $0.3412 dividend. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 4.9%. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33.

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.