Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Position Trimmed by Citigroup Inc.

Citigroup Inc. trimmed its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 23.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 880,785 shares of the company’s stock after selling 277,078 shares during the quarter. Citigroup Inc. owned 0.14% of Vanguard Intermediate-Term Corporate Bond ETF worth $73,766,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the stock. Bull Oak Capital LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth about $27,000. Sound Income Strategies LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 73.9% in the third quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock worth $30,000 after buying an additional 150 shares during the last quarter. Pineridge Advisors LLC raised 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 valued at $33,000 after acquiring an additional 150 shares in the last quarter. American National Bank lifted its stake in 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 acquiring an additional 195 shares during the last quarter. Finally, Lynx Investment Advisory bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter worth approximately $42,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT opened at $81.02 on Friday. The company’s fifty day moving average is $82.29 and its 200-day moving average is $81.47. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $77.60 and a 12 month high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were given a dividend of $0.3166 per share. This represents a $3.80 annualized dividend and a yield of 4.69%. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. The ex-dividend date was Friday, November 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.