Adams Wealth Management Raises Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Adams Wealth Management lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 54.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 46,810 shares of the company’s stock after purchasing an additional 16,556 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises about 1.1% of Adams Wealth Management’s portfolio, making the stock its 19th largest holding. Adams Wealth Management’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,805,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. Stokes Family Office LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 37.1% in the fourth quarter. Stokes Family Office LLC now owns 24,052 shares of the company’s stock valued at $1,955,000 after buying an additional 6,506 shares during the last quarter. Divergent Planning LLC lifted its position in 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 valued at $19,323,000 after purchasing an additional 7,577 shares during the period. Redmont Wealth Advisors LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 24.1% during the fourth quarter. Redmont Wealth Advisors LLC now owns 27,618 shares of the company’s stock valued at $2,245,000 after purchasing an additional 5,368 shares during the period. Total Clarity Wealth Management Inc. purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at $316,000. Finally, Crewe Advisors LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 369.3% during the 4th quarter. Crewe Advisors LLC now owns 11,208 shares of the company’s stock worth $911,000 after purchasing an additional 8,820 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ VCIT traded up $0.34 during trading on Friday, reaching $79.65. 4,573,424 shares of the company traded hands, compared to its average volume of 7,845,085. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $73.78 and a 12-month high of $81.65. The firm’s fifty day simple moving average is $79.23 and its 200 day simple moving average is $79.69.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, May 6th. Investors of record on Thursday, May 2nd were given a dividend of $0.2919 per share. The ex-dividend date of this dividend was Wednesday, May 1st.

Vanguard Intermediate-Term Corporate Bond ETF 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.