American Financial Advisors LLC Grows Stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

American Financial Advisors LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 2.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 257,634 shares of the company’s stock after purchasing an additional 7,380 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises 3.1% of American Financial Advisors LLC’s investment portfolio, making the stock its 13th biggest position. American Financial Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $20,940,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of VCIT. Cullen Frost Bankers Inc. grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 740.5% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 353 shares of the company’s stock valued at $27,000 after buying an additional 311 shares during the last quarter. GHP Investment Advisors Inc. acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at $29,000. CarsonAllaria Wealth Management Ltd. acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at $32,000. Ambassador Advisors LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 46.5% during the 4th quarter. Ambassador Advisors LLC now owns 457 shares of the company’s stock valued at $35,000 after buying an additional 145 shares during the last quarter. Finally, AdvisorNet Financial Inc grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 344.8% during the 4th quarter. AdvisorNet Financial Inc now owns 516 shares of the company’s stock valued at $42,000 after buying an additional 400 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ:VCIT traded up $0.09 during trading hours on Friday, reaching $78.24. 8,711,762 shares of the company traded hands, compared to its average volume of 8,131,372. The firm’s 50-day moving average is $79.74 and its 200-day moving average is $78.82. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $73.78 and a 1-year high of $81.65.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were issued a $0.2944 dividend. The ex-dividend date of this dividend was Monday, April 1st. This is a boost 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.