Lauer Wealth LLC Buys 16,597 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Lauer Wealth LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 18.0% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 108,835 shares of the company’s stock after purchasing an additional 16,597 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up 6.7% of Lauer Wealth LLC’s investment portfolio, making the stock its 6th largest holding. Lauer Wealth LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $8,895,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in VCIT. JPMorgan Chase & Co. increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.6% in the first quarter. JPMorgan Chase & Co. now owns 62,648,363 shares of the company’s stock worth $5,043,820,000 after purchasing an additional 3,892,110 shares during the period. Creative Planning increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 1.7% in the 3rd quarter. Creative Planning now owns 24,067,807 shares of the company’s stock worth $2,015,679,000 after buying an additional 395,318 shares during the period. Prudential PLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 81.9% during the second quarter. Prudential PLC now owns 22,681,050 shares of the company’s stock worth $1,812,896,000 after buying an additional 10,210,788 shares during the last quarter. LPL Financial LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.7% in the second quarter. LPL Financial LLC now owns 10,363,537 shares of the company’s stock valued at $828,357,000 after acquiring an additional 68,907 shares during the period. Finally, Envestnet Asset Management Inc. grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 41.0% in the second quarter. Envestnet Asset Management Inc. now owns 10,027,030 shares of the company’s stock worth $801,460,000 after acquiring an additional 2,914,442 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ:VCIT traded down $0.03 during trading hours on Monday, hitting $81.68. 1,031,850 shares of the company traded hands, compared to its average volume of 6,984,323. The firm has a 50-day moving average of $83.06 and a 200 day moving average of $81.12. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $74.32 and a twelve month high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were paid a $0.301 dividend. The ex-dividend date was Tuesday, September 3rd. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29.

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.