Sovran Advisors LLC Purchases 40,071 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Sovran Advisors LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 248.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 56,172 shares of the company’s stock after purchasing an additional 40,071 shares during the quarter. Sovran Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,717,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Caldwell Trust Co acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at $25,000. Chapman Financial Group LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth $31,000. United Financial Planning Group LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth $34,000. Abich Financial Wealth Management LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at about $35,000. Finally, Delos Wealth Advisors LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at about $37,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT stock opened at $82.74 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $78.66 and a 52 week high of $84.84. The company’s 50-day simple moving average is $83.57 and its 200 day simple moving average is $83.86.

Vanguard Intermediate-Term Corporate Bond ETF Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st will be issued a $0.3438 dividend. The ex-dividend date of this dividend is Wednesday, April 1st.

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.