Smith Moore & CO. Sells 2,319 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Smith Moore & CO. cut its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 10.9% during the 4th quarter, Holdings Channel reports. The firm owned 18,875 shares of the company’s stock after selling 2,319 shares during the quarter. Smith Moore & CO.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,515,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the company. Fisher Asset Management LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 4.8% during the fourth quarter. Fisher Asset Management LLC now owns 92,783,951 shares of the company’s stock worth $7,447,768,000 after buying an additional 4,289,340 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth approximately $323,370,000. JPMorgan Chase & Co. increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.3% during the 4th quarter. JPMorgan Chase & Co. now owns 50,189,734 shares of the company’s stock worth $4,028,730,000 after acquiring an additional 2,992,971 shares during the last quarter. Life Planning Partners Inc raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 7,732.2% in the 4th quarter. Life Planning Partners Inc now owns 2,308,083 shares of the company’s stock valued at $185,270,000 after acquiring an additional 2,278,614 shares during the period. Finally, Constellation Investments Inc. acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at $50,169,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.3 %

NASDAQ:VCIT opened at $81.79 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $77.80 and a one year high of $84.26. The firm’s fifty day moving average price is $81.24 and its two-hundred day moving average price is $81.44.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were given a $0.3189 dividend. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date was Tuesday, April 1st. This represents a $3.83 annualized dividend and a dividend yield of 4.68%.

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.