Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Sold by Verus Capital Partners LLC

Verus Capital Partners LLC lowered its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 19.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,989 shares of the company’s stock after selling 3,998 shares during the period. Verus Capital Partners LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,423,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of VCIT. Bull Oak Capital LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at $27,000. Sound Income Strategies LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 73.9% during the 3rd quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock valued at $30,000 after acquiring an additional 150 shares during the period. Pineridge Advisors LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 57.3% during the first quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock worth $33,000 after purchasing an additional 150 shares in the last quarter. American National Bank increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 70.7% in the second quarter. American National Bank now owns 471 shares of the company’s stock valued at $38,000 after buying an additional 195 shares in the last quarter. Finally, Lynx Investment Advisory acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth approximately $42,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ:VCIT opened at $81.49 on Tuesday. The company has a fifty day moving average of $82.73 and a two-hundred day moving average of $81.36. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $75.76 and a fifty-two week high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were given a $0.3166 dividend. This represents a $3.80 annualized dividend and a dividend yield of 4.66%. The ex-dividend date was Friday, November 1st. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30.

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.